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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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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Understanding Investments
- By: Connel Fullenkamp, The Great Courses
- Narrated by: Connel Fullenkamp
- Length: 11 hrs and 45 mins
- Original Recording
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Overall
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Performance
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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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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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Overall
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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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Overall
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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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Language and the Mind
- By: Spencer D. Kelly, The Great Courses
- Narrated by: Spencer D. Kelly
- Length: 11 hrs and 50 mins
- Original Recording
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Overall
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Performance
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Story
What is our species' greatest invention? Medicine, computers, space travel? Not even close. The innovation that underlies each of our past achievements and those we still aspire to is language. Language is the ultimate invention of Homo sapiens - one that has allowed us to change the physical and social world around us in every conceivable way, and an invention that has fundamentally changed us, as well.
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Well Thought, Well Spoken
- By Mike on 04-17-20
By: Spencer D. Kelly, and others
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How to Plan for the Perfect Retirement
- By: Dana Anspach, The Great Courses
- Narrated by: Dana Anspach
- Length: 5 hrs and 55 mins
- Original Recording
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Overall
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Performance
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Story
Recent statistics suggest that nearly two-thirds of Americans regret not planning properly for retirement. We tend to underestimate the key factors of retirement planning: our total lifespan; the probable length of our retirement; and, perhaps most significant, how much money we’ll need to fund those years in retirement. In fact, retirement planning can feel so overwhelming that many of us put off thinking about it at all until it’s too late to make the necessary changes.
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Great overview
- By Plum on 01-22-21
By: Dana Anspach, 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
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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.
-
-
Good but basic
- By Spencer on 08-24-19
By: Scott E. Page, and others
-
Understanding Investments
- By: Connel Fullenkamp, The Great Courses
- Narrated by: Connel Fullenkamp
- Length: 11 hrs and 45 mins
- Original Recording
-
Overall
-
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.
-
-
Terrible book for audio only.
- By GOFFER on 03-31-20
By: Connel Fullenkamp, 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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Language and the Mind
- By: Spencer D. Kelly, The Great Courses
- Narrated by: Spencer D. Kelly
- Length: 11 hrs and 50 mins
- Original Recording
-
Overall
-
Performance
-
Story
What is our species' greatest invention? Medicine, computers, space travel? Not even close. The innovation that underlies each of our past achievements and those we still aspire to is language. Language is the ultimate invention of Homo sapiens - one that has allowed us to change the physical and social world around us in every conceivable way, and an invention that has fundamentally changed us, as well.
-
-
Well Thought, Well Spoken
- By Mike on 04-17-20
By: Spencer D. Kelly, and others
-
How to Plan for the Perfect Retirement
- By: Dana Anspach, The Great Courses
- Narrated by: Dana Anspach
- Length: 5 hrs and 55 mins
- Original Recording
-
Overall
-
Performance
-
Story
Recent statistics suggest that nearly two-thirds of Americans regret not planning properly for retirement. We tend to underestimate the key factors of retirement planning: our total lifespan; the probable length of our retirement; and, perhaps most significant, how much money we’ll need to fund those years in retirement. In fact, retirement planning can feel so overwhelming that many of us put off thinking about it at all until it’s too late to make the necessary changes.
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Great overview
- By Plum on 01-22-21
By: Dana Anspach, and others
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The Science of Information: From Language to Black Holes
- By: Benjamin Schumacher, The Great Courses
- Narrated by: Benjamin Schumacher
- Length: 12 hrs and 19 mins
- Original Recording
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Performance
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Story
The Science of Information: From Language to Black Holes covers the exciting concepts, history, and applications of information theory in 24 challenging and eye-opening half-hour lectures taught by Professor Benjamin Schumacher of Kenyon College. A prominent physicist and award-winning educator at one of the nation’s top liberal arts colleges, Professor Schumacher is also a pioneer in the field of quantum information, which is the latest exciting development in this dynamic scientific field.
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Not appropriate for audio-only
- By Katz-Mulvey Family on 03-12-19
By: Benjamin Schumacher, 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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Story
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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The US Constitution Through History
- By: Eric Berger, The Great Courses
- Narrated by: Eric Berger
- Length: 14 hrs and 14 mins
- Original Recording
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Story
The history of the Constitution is therefore a history of ideas that define our country and our national identity—and it’s a fascinating and revealing story. The US Constitution Through History gives you the opportunity to explore the story of this powerful document, as well as the way our interpretation of it has evolved. In 24 riveting lectures, Professor Eric Berger of the University of Nebraska takes you on a journey through America’s constitutional history. He takes you inside the minds of the Framers and unpacks the ideas that led to the break from England.
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One of the best Great Courses!
- By NWCP Pediatrics on 12-05-22
By: Eric Berger, and others
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Understanding the Inventions That Changed the World
- By: W. Bernard Carlson, The Great Courses
- Narrated by: W. Bernard Carlson
- Length: 17 hrs and 25 mins
- Original Recording
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Now, you can learn the remarkable stories surrounding monumental inventions - and how consequential these inventions were to history. Taught by Professor W. Bernard Carlson of the University of Virginia, who is an expert on the role of innovation in history, these 36 enlightening lectures give you a broad survey of material history, from the ancient pottery wheel to the Internet and social media. Along with recounting the famous inventions you might expect, this course explores a number of surprising innovations, including beer, pagodas, and the operating room.
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Great content but poor editing on the delivery
- By Michael on 12-22-18
By: W. Bernard Carlson, 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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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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Writing Creative Nonfiction
- By: Tilar J J. Mazzeo, The Great Courses
- Narrated by: Tilar J J. Mazzeo
- Length: 12 hrs and 16 mins
- Original Recording
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Story
Bringing together the imaginative strategies of fiction storytelling and new ways of narrating true, real-life events, creative nonfiction is the fastest-growing part of the creative writing world. It's a cutting-edge genre that's reshaping how we write (and read) everything from biographies and memoirs to blogs and public speaking scripts to personal essays and magazine articles.
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Not what I expected but useful
- By Nancy on 04-14-14
By: Tilar J J. Mazzeo, and others
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Written Communications: Being Heard and Understood
- By: Professor Allison Friederichs Atkison, The Great Courses
- Narrated by: Professor Allison Friederichs Atkison
- Length: 6 hrs and 24 mins
- Original Recording
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Story
In the 12 rewarding lectures of Written Communications: Being Heard and Understood, Professor Allison Friederichs, associate teaching professor and the associate dean for academic affairs at the University of Denver, University College, will share the secrets to sharpening your written, oral, and interpersonal communications skills.
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Just Horrible
- By 922Vision on 08-06-21
By: Professor Allison Friederichs Atkison, and others
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War in the Modern World
- By: David R. Stone, The Great Courses
- Narrated by: David R. Stone
- Length: 11 hrs and 17 mins
- Original Recording
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Overall
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Performance
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Story
Great powers no longer fight great wars. But how exactly did countries like the United States go from confronting powerful adversaries in 1914 and 1939 Europe to waging lengthy counterinsurgency campaigns in places like Iraq and Afghanistan? The answer lies in the profound geopolitical and technological changes that came in between.
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General Overview of Conflicts Post World War 2
- By Jeffrey F Korpics Jr on 06-20-22
By: David R. Stone, and others
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Understanding the US Government
- By: Jennifer Nicoll Victor, The Great Courses
- Narrated by: Professor Jennifer Nicoll Victor
- Length: 12 hrs and 12 mins
- Original Recording
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Overall
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Performance
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Story
In these 24 refreshingly balanced lectures, Professor Victor presents a comprehensive examination of American politics in which she demystifies its many puzzles and offers a nonpartisan look at the outcomes it produces.
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A Tale of Two Courses (Feel a Bit Hoodwinked)
- By Tommy D'Angelo on 09-21-20
By: Jennifer Nicoll Victor, 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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Performance
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Story
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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Why You Are Who You Are
- Investigations into Human Personality
- By: Mark Leary, The Great Courses
- Narrated by: Mark Leary
- Length: 12 hrs and 52 mins
- Original Recording
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Overall
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Performance
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Story
To understand the roots of personality is to understand motivations and influences that shape behavior, which in turn reflect how you deal with the opportunities and challenges of everyday life. That's the focus of these exciting 24 lectures, in which you examine the differences in people's personalities, where these differences come from, and how they shape our lives. Drawing on information gleaned from psychology, neuroscience, and genetics, Professor Leary opens the door to understanding how personality works and why.
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As an addict, I listened to this book. Very Helpfu
- By Life Lover on 05-15-18
By: Mark Leary, and others
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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- 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