Very well explained , grt job 👏.I'll be appearing for my CFA 1 exam on 23 Aug, for the whole year I was not able to get this concept , after watching this video deff I am through this concept.!!!!
I haven’t been able to understand the topic, although, I've tried for quite some time. Such an amazingly comprehensible video with very simple language and an interesting example. Thank you for the help!
When drug selling is considered a minor crime, then that's not a game theory anymore. But wrapping PD within 5 mins is a tough job that only a few can master it so eloquently. Brings me back the memories of my college days where we didn't play even one PD game.
Really enjoyed your illustration of the prisoners dilemma using the pay off matrix. Very helpful too that you emphasized that the participants/players are considered rational
Well, I didn't think that It was an economics topic. I am working on an artificial intelligence research model where I will be generating human faces that don't exist in this world. To improve the accuracy I have to use this nash equilibria strategy. I didn't know about this, so to come here. Thank you @Vidhi Kalra for making this wonderful video
Derivatives is a mathematical concept but is used in a wide variety of subjects, Game Theory is an economic concept but can be used to help with AI research models.
Frustrated by the boring lectures of my economic professor, i was here. And now i m thanking him for those boring lectures! 😇 Jokes apart, big respect for sharing your knowledge here. 👍
Explanation is good but to see the first and the fourth conditions of the jail term put forth the convicts is absurd in the sense that even the police inspire to deny the murder. And true culprit will certainly deny because admitting drives them to longer jail term.
Terrific exposition! If you're yearning for more, a book covering similar themes awaits. "Game Theory and the Pursuit of Algorithmic Fairness" by Jack Frostwell
Hii ma'am. You teaching is wonderful. You explain each concept very easily and in a simple way. Ma'am I want ur help. I want to do a case study of oligopoly market. If u suggest me topic it will be great help for me.
Very well explained , grt job 👏.I'll be appearing for my CFA 1 exam on 23 Aug, for the whole year I was not able to get this concept , after watching this video deff I am through this concept.!!!!
I haven’t been able to understand the topic, although, I've tried for quite some time. Such an amazingly comprehensible video with very simple language and an interesting example. Thank you for the help!
I’m so happy to know! Keep watching ❤️
A beautiful mind - John Nash .. one of my favourite movie.
John deserve ❤
Saved me ! Watched it 30 mins prior to my end term 😝
Hahah :P That's great :D
Are you an MBA student?
I was doing same😅😅
Nhi degi
Same bhai
Thanks for explaining this theory by John Nash. Easy to understand this new theory in Economics without studying that subject.
Watched it a night before my exam, and I can definitely write a 7.5 marks answer now. Thanks!
So happy to know! :)
When drug selling is considered a minor crime, then that's not a game theory anymore. But wrapping PD within 5 mins is a tough job that only a few can master it so eloquently. Brings me back the memories of my college days where we didn't play even one PD game.
Really enjoyed your illustration of the prisoners dilemma using the pay off matrix. Very helpful too that you emphasized that the participants/players are considered rational
Thank you so much for your feedback ☺️
Well, I didn't think that It was an economics topic. I am working on an artificial intelligence research model where I will be generating human faces that don't exist in this world. To improve the accuracy I have to use this nash equilibria strategy. I didn't know about this, so to come here. Thank you @Vidhi Kalra for making this wonderful video
I’m glad it was useful to you 😊
Derivatives is a mathematical concept but is used in a wide variety of subjects, Game Theory is an economic concept but can be used to help with AI research models.
Just wowwwww!!! Thank you so much
Great way to solve my dilemma in understanding basic economics is to watch your RUclips videos.
Thank you!🙏🏼
Arjun Sundar Haha that is so sweet of you ☺️ Thank you so much 😘
شکریہ آپ کا بہت بہت 🦋✨
Excellent explanation...I am also working in the area of Game Theory Application in Pricing
This is extremely helpful ....im glad i stumbled upon this video....
i understood it very clearly i love you
Ur beauty is overshadowing ur teaching skills...I tried very hard to notice that 😀btw nice lecture
Hahaha 😝 Depends on how your pursue it! I try and keep a balance of both 😊
I am loving these videos, being an engineering student never thought I would've enjoyed econ so much😌
Thank you so much :)
Very fluently and simplistic way of explaining. Keep doing.
So nice of you!
Better explanation in comparison to other channels 👍
Thank you 😊
Your way of teaching is great👍🏻🔥
Thank you so much ❤️
My concept is clear now. Thanks!
itna acha explain kiya ki ,
me appke pyaar me gir gaya😍😜
Wow , fantastic explanation for someone not having a background in economics.
Ur explanation skills are incredible Vidhi 😊❤
Glad you think so!
It’s my 3rd attempt to understand. But still can’t take my eyes off you. You are a true beauty. I swear
Hahaha! Good luck!
Several time,while taking any decision altogether we reach the Nash equilibrium.
Well explained .. not a economics student but could understand it !
Glad to know! Thank you 😊
Wooooah so nice finally something worth investing time in, somethingwhich will help me in real life
Frustrated by the boring lectures of my economic professor, i was here. And now i m thanking him for those boring lectures! 😇 Jokes apart, big respect for sharing your knowledge here. 👍
Thank you so much for your sweet words! ❤️
Prisoners: thank you for the explanation . Now we will always deny no matter what.
Haha well! Thank you 😊
amazing!!!! really clear explanations!!!!!
I’m glad to know! Thank you 😊 Keep watching!
Beautifully explained by a beautiful teacher
Thank you! 🙂
Thank you it was easy after this
Glad to know! :)
Thank u sis
Cn u prepare video explaining dominat startegy also
You’re welcome 😊 Will surely try doing so!
Thanks so much for ma'am. Please is there difference between best strategy and dominant equilibrium?
Thanks sissy...you did a great work for us thank you once again...
You’re welcome 😊
It is very helpful thank you very much sister 😃❤
Game theory is interesting but with you its extremely interesting 👌👌
Thx for nice explanation 🙏
Hahaha 🙈 I’m glad I could help 😊
@@5MinuteEconomics keep going with high josh👍👍
@@mrdinesh6340 Yes ☺️
Thank you so much !!!! For explaining.
Happy to help :D
Good morning it is nice class for understanding very easily
Helped a lot for our semester exam. Thank you 💝
Glad to know this :)
5 minutes of ths enlightened longevity of economics!!
Haha! Thank you for your sweet words! :D
Learnt a new concept!!
Would like to know your views on yield curve due to covid
Oh that's great!! Surely I can make a video on it as well.
Thank you so much 😇
You’re welcome 😊
Nice video for law and economic……….explained game theory so well🧠❤️🔥
Thank you so much :)
Economic by Samuelson in one of best in economics book
Nice teaching. Great job. Please teach us any international trade theory🙏
Thank you so much! Have already uploaded few videos on my channel. Do check them out! :)
Your decision should give you a better outcome than the other players, no matter what the other players choose.
I am greatest fan of you, Ma'am 🙏
I had to watch this like 10 times, no explanation was good but I couldn't take my eyes off from teacher! ;)
Hahaha!!!
SUPERB EXPERIENCE....THANKS A LOT....AND FULL SUPPORT TO YOUR CHANNEL 🥰🥰
Thank you so much :)
@@5MinuteEconomics wlcm ❤
It's easy to understand
Thank you :)
Thank you so much ma'am 🤗🤗🤗🤗
You're welcome :D
Very well explained! Thank you :)
I’m glad you liked it ☺️
vidhi ma'am is the best ❤
wooow explanation !!!
Thank you so much :D
I slept watching your video...Thank you
means alot
Thanks Sister
Thanks for your great explanation..🙏🏻🤍
You’re welcome 😊
God Shivbaba bless you always, his grace on you. Amazing explanation.
Thanks a lot! :D
I came in search of Prisoners Dilemma but ended up finding a diamond 😭🫶🏻
very well explained ...thank you
Thank you so much :D
Thankyou mam ❤❤❤
Explain the free riding and repeated interactions?,mam can you pls give answer
this vid is so underrated. honestly thank u soo much
Thank you so much for your kind words! ☺️
understood! thanks di
Glad to know :D
Helpful for me in my entrance!
Thankyou ma'am
You’re welcome 😊
it helps me a lot ...thankuh so much for this information
Glad to hear that! Keep watching! :)
Thanku so much for clearing my concept for this
Glad it helped! :)
Thanks Ma'am it helped me in my Philosophy project
Happy to know 😊
Thank u so much mam😇... Best explanation in 5 minutes... 👍
I’m glad to know that! ❤️
Have an exam tomorrow, Thank you for this.
I’m glad I could help ☺️
Gtu wala hai kya😅
Thats easy, thanks G
samjh kuch nahi aaya lekin dekhne me boht maza aaya!
Simple and concise explanation, thanks! 👌
You’re welcome 😊☺️
Accidentally I met this channel but rather than topic I really loved your voice because my ex have the same voice😅. Also u look so gorgeous❤️.
Hahaha! Thanks :)
@@5MinuteEconomics your welcome. what is your secret of having so gorgeous?
Eye opener
Explanation is good but to see the first and the fourth conditions of the jail term put forth the convicts is absurd in the sense that even the police inspire to deny the murder. And true culprit will certainly deny because admitting drives them to longer jail term.
Thank you 🥰
You're welcome :)
Terrific exposition! If you're yearning for more, a book covering similar themes awaits. "Game Theory and the Pursuit of Algorithmic Fairness" by Jack Frostwell
Thanks now I understand this concept.
Glad to know! You’re welcome 😊
Mam i have a question.which do you think is more interesting microeconomics or macroeconomics?
It depends on your liking! For me it’s macroeconomics 🙈
It was quite helpful...thank you
Glad to hear that :)
Thank you so much 😀😀😀
My pleasure :)
Love from Kashmir ❤
Very good explained, ma'am
Thank you :)
Hii ma'am. You teaching is wonderful. You explain each concept very easily and in a simple way. Ma'am I want ur help. I want to do a case study of oligopoly market. If u suggest me topic it will be great help for me.
Thank you so much ☺️ Glad to know!
Wow ,such a lucid explanation .👌
Thanks a lot 😊 Keep watching!
Beauty attracts eyes but personality & honesty captured hearts 💙....🌹
Haha thank you 😊
Good !
Thank you :)
Still I'ven't undertood Game Theory. But Prisnor's Dilemma and Nash EQuilibrium are well explained and I understood.
Thank you :)
Beautiful explanation 😍
Thanks a lot 😊
Thanks mame
You’re welcome 😊
Lovely mam ❤
Thanks mam for this precious information
You're welcome :D
Explained brilliantly 👍
Thank you so much 😊
Loved this😘
Are you too here for Generative Adversarial Networks MinMax example :) really helpful for me
Thank you :)
Small, comprehensive and meaningful
Thank you so much ❤️
Excellent