We discuss repeated games, aiming to unpack the intuition that the promise of rewards and the threat of punishment in the future of a relationship can provide incentives for good behavior today. In class, we play prisoners’ dilemma twice and three times, but this fails to sustain cooperation. The problem is that, in the last stage, since there is then is fut ... Show More
Jun 2018
Lecture 22
- Repeated Games: Cheating, Punishment, and Outsourcing
In business or personal relationships, promises and threats of good and bad behavior tomorrow may provide good incentives for good behavior today, but, to work, these promises and threats must be credible. In particular, they must come from equilibrium behavior tomorrow, and henc ... Show More
1h 15m
Aug 6
575: Ex McKinsey Expert on War Games, John Horn: How to Read Your Competitors (Strategy Skills classics)
<p dir="ltr">John Horn, professor of economics at Washington University's Olin Business School and former McKinsey strategist, shares a disciplined framework for understanding competitive behavior by applying game theory and structured simulations. In this episode, he explains ho ... Show More
1 h
Oct 2023
Ep 293: Which game of life are you playing?
Start Your Transformation Now
Have you ever thought about life as being like a game? I don't mean board games or video games, but more like the “game of life” we are all playing every day on this planet. We follow certain rules, take on roles, and have different beliefs that sha ... Show More
35m 12s
Aug 14
Corporate Finance Explained | The Psychology of Financial Decision Making
You've spent days building a perfect financial model, yet something about the final decision just feels "off." The numbers don't lie, but our own brains can quietly lead us astray. In this episode of FinPod, we dive deep into the world of cognitive biases and reveal how these hid ... Show More
13m 42s
Jun 2025
Episode 17 – Negotiation Skills Everyone Should Know
<p>Today, we’re diving into a topic that impacts nearly every aspect of life—<strong>negotiation skills</strong>. Whether you're working to climb the corporate ladder, buying a car, resolving a conflict, or negotiating a well-deserved raise, having strong negotiation skills can m ... Show More
15m 8s