Understanding Economics
Game Theory
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Narrated by:
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Jay R. Corrigan
About this listen
Game theory is the study of strategic decision-making in politics, sports, diplomacy, and a host of other areas, but especially in economics, where game theory flourishes. Understanding Economics: Game Theory introduces you to this fascinating field, which combines the fun and challenge of games with the logic of brain teasers. In 12 engaging half-hour lessons, Professor Jay R. Corrigan of Kenyon College analyzes such classic games as the prisoner’s dilemma and the hawk-dove game. While these particular games involve lawbreakers and animal rivalries, they have applications to many situations.
Each lesson is devoted to a handful of examples, which you investigate in detail, working out the possible strategies for the different competitors and their expected payoffs. Along the way, you discover why it’s hard to buy a good used car, why people confess to crimes they didn’t commit, why athletes ignore the risks and use performance-enhancing drugs, and how to bid in different kinds of auctions to increase your payoff—and also why you might regret winning one special type of auction.
Professor Corrigan covers fundamental concepts, such as dominant strategy and Nash equilibrium, the latter named for the reclusive genius who was profiled in the movie A Beautiful Mind. He teaches you how to diagram a game with a payoff matrix, which is a table that shows every player’s payoff based on the chosen strategies. You also practice backward induction, where you start at the game’s last round and work your way back to the beginning to determine your best opening move. These are all powerful tools for seeing the game from opposing points of view and uncovering an optimum strategy. After taking this course, you’ll know what to do the next time you bargain for a used car or get caught in the frenzy of an auction.
PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.
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Understanding Investments
- By: Connel Fullenkamp, The Great Courses
- Narrated by: Connel Fullenkamp
- Length: 11 hrs and 45 mins
- Original Recording
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Learn how to invest with skill and confidence to attain your financial goals with the 24 timely and informative lectures of Understanding Investments. Economist, Professor Connel Fullenkamp explains the fundamentals of investing to those new to the subject while broadening and deepening the knowledge of more experienced investors. He clearly explains the various kinds of financial markets, the different kinds of investments available to you, and the pros and cons of each - and tells you how to evaluate each of these in terms of your own financial situation and goals.
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Terrible book for audio only.
- By GOFFER on 03-31-20
By: Connel Fullenkamp, and others
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Understanding Complexity
- By: Scott E. Page, The Great Courses
- Narrated by: Scott E. Page
- Length: 6 hrs and 4 mins
- Original Recording
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Recent years have seen the introduction of concepts from the new and exciting field of complexity science that have captivated the attention of economists, sociologists, engineers, businesspeople, and many others. These include tipping points, the wisdom of crowds, six degrees of separation (or Kevin Bacon), and emergence. Complexity science can shed light on why businesses or economies succeed and fail, how epidemics spread and can be stopped, and what causes ecological systems to rebalance themselves after a disaster.
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Good but basic
- By Spencer on 08-24-19
By: Scott E. Page, and others
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The Brain-Based Guide to Communicating Better
- By: Professor Allison Friederichs Atkison, The Great Courses
- Narrated by: Professor Allison Friederichs Atkison
- Length: 3 hrs and 3 mins
- Original Recording
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Professor Allison Friederichs will walk you through six lessons that can help you better know your own mind, and thus understand and transform your own methods of communication. You will learn how your brain acquires, processes, and retains information. You can then take that knowledge and apply it whenever you need to convey something to others, with the best possible results. While you may not have any control over how other people communicate, developing your own methods of connection and conversation can have a positive impact on both your personal and professional life.
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Much less informational than expected.
- By David Vollendroff on 08-18-21
By: Professor Allison Friederichs Atkison, and others
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Thinking Like an Economist: A Guide to Rational Decision Making
- By: Randall Bartlett, The Great Courses
- Narrated by: Randall Bartlett
- Length: 6 hrs and 11 mins
- Original Recording
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Economic forces are everywhere around you. But that doesn't mean you need to passively accept whatever outcome those forces might press upon you. Instead, with these 12 fast-moving and crystal clear lectures, you can learn how to use a small handful of basic nuts-and-bolts principles to turn those same forces to your own advantage.
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Great for beginners, nothing you for an economist
- By V. Taras on 07-08-15
By: Randall Bartlett, and others
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Capitalism vs. Socialism: Comparing Economic Systems
- By: The Great Courses
- Narrated by: Professor Edward F. Stuart PhD
- Length: 11 hrs and 59 mins
- Original Recording
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Performance
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Story
Ever since we produced our course Thinking About Capitalism, customers have expressed interest in a follow-up course that could help them understand socialism in the same way. After much consideration, we determined that it actually would be more beneficial to create a course that compares and contrasts the two major global economic theories, examining them in ways that move past the polemics many of us are used to and looking at these systems as they relate to one another and the world at large.
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A biased view of economics.
- By David S. Westby on 09-03-19
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Effective Editing
- How to Take Your Writing to the Next Level
- By: Molly McCowan, The Great Courses
- Narrated by: Professor Molly McCowan
- Length: 5 hrs and 18 mins
- Original Recording
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Performance
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Story
Book coach and editor Molly McCowan takes you through the self-editing process in 13 detailed lessons, using a step-by-step method designed to reduce overwhelm and to structure the revision process in the most productive way possible. Working from the big to the little picture of your work, Molly shows you how to strengthen character development, find and fix plot holes, build stronger scenes, focus on smooth pacing and point-of-view issues, elevate your language, and much more.
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This is excellent
- By M.Biblioswine on 08-19-21
By: Molly McCowan, and others
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Understanding Investments
- By: Connel Fullenkamp, The Great Courses
- Narrated by: Connel Fullenkamp
- Length: 11 hrs and 45 mins
- Original Recording
-
Overall
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Performance
-
Story
Learn how to invest with skill and confidence to attain your financial goals with the 24 timely and informative lectures of Understanding Investments. Economist, Professor Connel Fullenkamp explains the fundamentals of investing to those new to the subject while broadening and deepening the knowledge of more experienced investors. He clearly explains the various kinds of financial markets, the different kinds of investments available to you, and the pros and cons of each - and tells you how to evaluate each of these in terms of your own financial situation and goals.
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Terrible book for audio only.
- By GOFFER on 03-31-20
By: Connel Fullenkamp, and others
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Understanding Complexity
- By: Scott E. Page, The Great Courses
- Narrated by: Scott E. Page
- Length: 6 hrs and 4 mins
- Original Recording
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Overall
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Performance
-
Story
Recent years have seen the introduction of concepts from the new and exciting field of complexity science that have captivated the attention of economists, sociologists, engineers, businesspeople, and many others. These include tipping points, the wisdom of crowds, six degrees of separation (or Kevin Bacon), and emergence. Complexity science can shed light on why businesses or economies succeed and fail, how epidemics spread and can be stopped, and what causes ecological systems to rebalance themselves after a disaster.
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Good but basic
- By Spencer on 08-24-19
By: Scott E. Page, and others
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The Brain-Based Guide to Communicating Better
- By: Professor Allison Friederichs Atkison, The Great Courses
- Narrated by: Professor Allison Friederichs Atkison
- Length: 3 hrs and 3 mins
- Original Recording
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Overall
-
Performance
-
Story
Professor Allison Friederichs will walk you through six lessons that can help you better know your own mind, and thus understand and transform your own methods of communication. You will learn how your brain acquires, processes, and retains information. You can then take that knowledge and apply it whenever you need to convey something to others, with the best possible results. While you may not have any control over how other people communicate, developing your own methods of connection and conversation can have a positive impact on both your personal and professional life.
-
-
Much less informational than expected.
- By David Vollendroff on 08-18-21
By: Professor Allison Friederichs Atkison, and others
-
Thinking Like an Economist: A Guide to Rational Decision Making
- By: Randall Bartlett, The Great Courses
- Narrated by: Randall Bartlett
- Length: 6 hrs and 11 mins
- Original Recording
-
Overall
-
Performance
-
Story
Economic forces are everywhere around you. But that doesn't mean you need to passively accept whatever outcome those forces might press upon you. Instead, with these 12 fast-moving and crystal clear lectures, you can learn how to use a small handful of basic nuts-and-bolts principles to turn those same forces to your own advantage.
-
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Great for beginners, nothing you for an economist
- By V. Taras on 07-08-15
By: Randall Bartlett, and others
-
Capitalism vs. Socialism: Comparing Economic Systems
- By: The Great Courses
- Narrated by: Professor Edward F. Stuart PhD
- Length: 11 hrs and 59 mins
- Original Recording
-
Overall
-
Performance
-
Story
Ever since we produced our course Thinking About Capitalism, customers have expressed interest in a follow-up course that could help them understand socialism in the same way. After much consideration, we determined that it actually would be more beneficial to create a course that compares and contrasts the two major global economic theories, examining them in ways that move past the polemics many of us are used to and looking at these systems as they relate to one another and the world at large.
-
-
A biased view of economics.
- By David S. Westby on 09-03-19
-
Effective Editing
- How to Take Your Writing to the Next Level
- By: Molly McCowan, The Great Courses
- Narrated by: Professor Molly McCowan
- Length: 5 hrs and 18 mins
- Original Recording
-
Overall
-
Performance
-
Story
Book coach and editor Molly McCowan takes you through the self-editing process in 13 detailed lessons, using a step-by-step method designed to reduce overwhelm and to structure the revision process in the most productive way possible. Working from the big to the little picture of your work, Molly shows you how to strengthen character development, find and fix plot holes, build stronger scenes, focus on smooth pacing and point-of-view issues, elevate your language, and much more.
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This is excellent
- By M.Biblioswine on 08-19-21
By: Molly McCowan, and others
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Macroeconomics Made Clear
- By: Akila Weerapana, The Great Courses
- Narrated by: Akila Weerapana
- Length: 12 hrs and 33 mins
- Original Recording
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The issues addressed by macroeconomics are all around you, all the time—from taxes to inflation to mention of the GDP on the nightly news. By learning the principles of macroeconomics, you’ll be able to go beyond simply hearing the terms to better understanding their relationships to each other and how they create the economic environment in which you live. In fact, macroeconomics with its “big-picture glasses” allows you to better ask—and better try to answer—the biggest questions of our time, questions that impact the lives of billions of people.
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Informative, but biased toward centralized solutio
- By Generic Personage on 07-13-23
By: Akila Weerapana, and others
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Renaissance: The Transformation of the West
- By: Jennifer McNabb, The Great Courses
- Narrated by: Jennifer McNabb
- Length: 26 hrs and 35 mins
- Original Recording
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While it’s easy to get caught up - and, rightfully so - in the art of the Renaissance, you cannot have a full, rounded understanding of just how important these centuries were without digging beneath the surface, without investigating the period in terms of its politics, its spirituality, its philosophies, its economics, and its societies. Do just that with these 48 lectures that consider the European Renaissance from all sides, that disturb traditional understandings, that tip sacred cows, and that enlarges our understanding of how the Renaissance revolutionized the Western world.
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Reads like a bad high school essay.
- By Matthew Dennis on 10-29-18
By: Jennifer McNabb, and others
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How to Speak Effectively in Any Setting
- By: Molly Bishop Shadel, The Great Courses
- Narrated by: Molly Bishop Shadel
- Length: 11 hrs and 20 mins
- Original Recording
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The power of an effective speech is undeniable. It has the capacity to engage, inform, motivate, and create change in an audience - and in the world. In this compelling 24-lesson course, How to Speak Effectively in Any Setting, taught by Molly Bishop Shadel, Professor of Law at the University of Virginia School of Law, learn the fine art of speaking clearly, effectively, and persuasively in contexts across the spectrum, from the board room to the bar room and everywhere in between.
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Excessive Undertones of Author’s Personal Political Views
- By Griffin on 04-10-21
By: Molly Bishop Shadel, and others
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Democracy and Its Alternatives
- By: Ethan Hollander, The Great Courses
- Narrated by: Ethan Hollander
- Length: 8 hrs and 56 mins
- Original Recording
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The ancient Greek philosopher Aristotle called man a political animal. But what did he mean by that? What is democracy? How do democracies differ from one another? How do they stack up against their alternatives, like dictatorship? And can democracy survive the many challenges it faces today? To answer these questions, look no further than Democracy and Its Alternatives. Political science, history, and current affairs rolled into one, these 24 lectures investigate democratic government in theory and practice.
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Very Informative
- By Racheal Dorsey on 12-20-22
By: Ethan Hollander, and others
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No Excuses: Existentialism and the Meaning of Life
- By: Robert C. Solomon, The Great Courses
- Narrated by: Robert C. Solomon
- Length: 12 hrs and 7 mins
- Original Recording
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What is life? What is my place in it? What choices do these questions obligate me to make? More than a half-century after it burst upon the intellectual scene - with roots that extend to the mid-19th century - Existentialism's quest to answer these most fundamental questions of individual responsibility, morality, and personal freedom, life has continued to exert a profound attraction.
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Good for even a non-existentialist
- By Gary on 07-24-15
By: Robert C. Solomon, and others
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Your Deceptive Mind: A Scientific Guide to Critical Thinking Skills
- By: Steven Novella, The Great Courses
- Narrated by: Steven Novella
- Length: 12 hrs and 39 mins
- Original Recording
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No skill is more important in today's world than being able to think about, understand, and act on information in an effective and responsible way. What's more, at no point in human history have we had access to so much information, with such relative ease, as we do in the 21st century. But because misinformation out there has increased as well, critical thinking is more important than ever. These 24 rewarding lectures equip you with the knowledge and techniques you need to become a savvier, sharper critical thinker in your professional and personal life.
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Same Material Different Title
- By rkeinc on 09-21-14
By: Steven Novella, and others
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The Hidden Factor: Why Thinking Differently Is Your Greatest Asset
- By: Scott E. Page, The Great Courses
- Narrated by: Scott E. Page
- Length: 11 hrs and 52 mins
- Unabridged
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From technology to business, two (or more) heads often prove to be better than one - but only if those heads are cognitively diverse. Diverse perspectives are a powerful tool for maximizing productivity and enhancing collective performance. Now, in The Hidden Factor: Why Thinking Differently Is Your Greatest Asset, you can learn the strategies that make you a more diverse thinker and position you to break down institutional silos and build robust, effective teams.
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Very Good Content, Very Advanced Math
- By Ryan Brown on 05-30-19
By: Scott E. Page, and others
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Your Public Persona: Self-Presentation in Everyday Life
- By: Mark Leary, The Great Courses
- Narrated by: Professor Mark Leary
- Length: 6 hrs and 28 mins
- Original Recording
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Social interactions and the impressions that drive them are vitally important aspects of human behavior. In this compelling course, learn about how we shape the impressions other people form of us - at work, at home, in our social lives, and in the world at large.
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Nuanced to the point of dry toast, but edible.
- By Andrew Dunbar on 01-02-21
By: Mark Leary, and others
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Scientific Secrets for a Powerful Memory
- By: Peter M. Vishton, The Great Courses
- Narrated by: Peter M. Vishton
- Length: 2 hrs and 55 mins
- Original Recording
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Memory is, without a doubt, the most powerful (and practical) tool of everyday life. By linking both your past and your future, memory gives you the power to plan, to reason, to perceive, and to understand. Yet while all of us have an amazing capacity for memory, there are plenty of times when it seems to fail us. Why does this happen? And how can you fix it? In Scientific Secrets for a Powerful Memory, you’ll explore the real research on how memory functions - and then apply these findings to help you make better use of the memory abilities you have.
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good, but there are better books on these topics
- By Scott H on 06-03-19
By: Peter M. Vishton, and others
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Understanding the Dark Side of Human Nature
- By: Professor Daniel Breyer, The Great Courses
- Narrated by: Professor Daniel Breyer
- Length: 12 hrs and 8 mins
- Original Recording
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Hardly a day goes by that we don’t hear about someone committing a violent, reprehensible, even evil, act. And each time it happens, before we know anything about the circumstances, we are already sure of one thing: We are nothing like that perpetrator. But how can we be so sure? After all, we are all human. In Understanding the Dark Side of Human Nature, Professor Daniel Breyer takes us on a fascinating philosophical journey into many of the deepest and darkest questions that have engaged humanity for millennia.
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A Great Cross-Cultural Conversation
- By Anonymous User on 09-09-19
By: Professor Daniel Breyer, and others
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Changing Body Composition Through Diet and Exercise
- By: Michael Ormsbee, The Great Courses
- Narrated by: Michael Ormsbee
- Length: 12 hrs and 59 mins
- Original Recording
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Changing Body Composition Through Diet and Exercise presents the latest scientific research about changing your body composition, along with diet and exercise recommendations in incremental steps that men and women of all ages and fitness levels can follow. Led by Professor Michael Ormsbee, Assistant Professor and Interim Director of the Institute of Sports Sciences and Medicine, you will gain access to cutting-edge research that demonstrates what does - and doesn’t - work.
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Basic Knowledge
- By Swage on 12-18-18
By: Michael Ormsbee, and others
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Artificial Intelligence
- Modern Magic or Dangerous Future?
- By: Yorick Wilks
- Narrated by: Hannibal Hills
- Length: 5 hrs
- Unabridged
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AI expert Yorick Wilks takes a journey through the history of artificial intelligence up to the present day, examining its origins, controversies, and achievements, as well as looking into just how it works. He also considers the future, assessing whether these technologies could menace our way of life and how we are all likely to benefit from AI applications in the years to come.
By: Yorick Wilks
What listeners say about Understanding Economics
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- Giulio
- 02-10-24
excellent contennt and presenter
game theory is a very fascinaring subject. it can explain a lot tha goes on on this crazy plannet. and it takes a little of the crazy away.
highly reccomenfed
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- Timothy Knox
- 03-19-22
Truly fascinating
This professor is not only excited about the subject, but also excellent at explaining it. The intended audience is simply an educated layman with an interest in the subject. Only a knowledge of high school algebra is required to follow the details.
I really enjoyed his explanation of Nash equilibriae, which I had struggled to understand in the past. I will definitely be seeking out other course offerings by him.
This was an audible plus title, but I would have cheerfully paid cash for it.
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1 person found this helpful
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- Paul
- 05-17-22
Game tbeory
I consider this very Loosely connected to economics. Save your time read something else, the word "economics" is mentioned frequently but I think the tie-in is very loose.
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1 person found this helpful
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- A. Yoshida
- 07-23-23
Refer to the PDF
This audiobook comes with a PDF, which you need to refer to in order to understand the probability. This book covers different scenarios of game theory. The most famous is the prisoner's dilemma, but there are so many more situations where people are deciding what to do based on what someone else is going to do (e.g., how much to bid in an auction and how much to offer for a used car).
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Overall
- catherine w.
- 08-15-22
.
it's good. the math is hard to follow just listening to it at times.
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- K. Amberg
- 08-05-24
How entertaining it was
Very interesting but not what I expected. Not much nuts and bolts. Very little math and it centered around game theory.
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- Brannon Crawford
- 06-18-21
Should be learned by all
If you have heard people talk about game theory but didn’t understand what it meant this is the place to start
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2 people found this helpful
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- Amazon Customer
- 07-16-22
Excellent introduction to game theory
if you're driving or otherwise not reading the accompanying PDF, the examples/scenarios can be confusing, but you're still able to understand the big picture. love the topic and the lecturer was good!
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2 people found this helpful
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- Philo
- 04-24-21
The best entry point I've seen for game theory
As a law prof, I admire the work it takes to make something like this palatable and digestible for actual people. This is a gem.
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10 people found this helpful
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- Sheila
- 07-31-21
Good Course. The PDF Would Be Helpful.
Good Course. The PDF Would Be Helpful. I learned a bit without the PDF or tracking the details of the equations but couldn't really "learn" it that way.
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3 people found this helpful