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by _v7gu
1933 days ago
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Optimal auctions, and mechanism design in general (ie screening problems) is a very useful application of game theory. But caution: game theory is not about winning games, but finding equilibria. You might be more interested in behavioral game theory (how people learn the games, k-level thinking etc) if you want to get a leg up. |
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This. However, if you understand the equilibrium for some behaviour, you can understand what would it take to change the behaviour.
I use this in my startup where we create an equilibrium for dentists to provide reliable dental care. And, it actually works.