Decision Theory and Game Theory

This chapter provides an introduction to decision theory, where we will focus on solving decision problems whre the decision maker must select among various alternatives, which provide different performance. The chapter also covers game theory, a field dedicated to modelling and solving decision problems involving several rational decision makers. Here, we will focus on solving decision problems where the decision maker must select among various alternatives, focusing on competition and collaboration.

Tutorials

This section contains some basic tutorials:

Contents:

• Introduction to Decision Theory
• Decision Trees
• Decision Trees and machine learning
• Decision Trees with SciKit Learn

Decision Theory Exercises

In this section you have a collection of decision tree problems sorted by difficulty:

• Easy problems: You can tackle these problems after the first lesson on decision trees.

• Normal problems: These problems require that you are familiar with concepts like decision trees and perfect information value.

• Hard problems: This is the type of problems that definitively get you ready for the exam.

Contents:

• Starting Five (Normal)
• Training Pokemon (Normal)
• Planning a Factory Site (Hard)
• Select suppliers (Hard)
• Blind wine tasting (Normal)
• The Eye of Agamoto (Normal)

Decision Theory Solved Exercises

In this section you have the solution to the decision theory exercises.

Contents:

• Starting Five (Normal)
• Training Pokemon (Normal)
• Planning a Factory Site (Hard)
• Select suppliers (Hard)
• Blind wine tasting (Normal)
• The Eye of Agamoto (Normal)

Game Theory Exercises

In this section you have a collection of decision tree problems sorted by difficulty:

• Easy problems: You can tackle these problems after the first lesson on game theory.

• Normal problems: These problems require that you are familiar with concepts like game equilibrium.

• Hard problems: This is the type of problems that definitively get you ready for the exam.

Contents:

• Beer Prices in Paradise Beach (Normal)
• Products Improvement (Normal)
• Setting Oil Prices in the 70s (Normal)
• Developing a High-Tech Product (Normal)
• Investments Strategy (Normal)
• Playing Bluff (Normal)
• The Squid Game (Normal)
• Strategies for Political Campaigns (Normal)

Game Theory Solved Exercises

In this section you have the solution to the different exercises.

Contents:

• Beer Prices in Paradise Beach (Normal)
• Products Improvement (Normal)
• Setting Oil Prices in the 70s (Normal)
• Developing a High-Tech Product (Normal)
• Investments Strategy (Normal)
• Playing Bluff (Normal)
• The Squid Game (Normal)
• Strategies for Political Campaigns (Normal)