Prof. Maitreesh Ghatak on Joint Liability in Microfinance (part 1/3)

In this weeks episode, we speak to Prof. Tianyi Wang about applying Game Theory to real-world situations in politics and communication.

This week's episode explores a side of Game Theory we have never talked about before on the show: the psychology behind it. We go deeper into the new developments in the field: particularly in Artificial Intelligence and neuroscience. We talk to Professor Debanjan Borthakur: an expert on intergroup relations, human-A.I. interactions as well as the psychology of Game Theory!

Prof. Aumann talks about the Paradox of Nuclear Bombs causing World Peace.

Prof. Aumann recalls his cited works in The '05 Economics Nobel Prize, and sings us a song describing the future of the field.

Prof. Aumann shares his take on Israeli Military Strategy, the study of knots and his simple philosophy in life: "If I want to do something, I do it."

Prof. Maitreesh Ghatak shares his views on Laissez-Faire vs Dirigisme in a developing economy, and the level of intervention policymakers plan depending on the development in the country.

Professor Maitreesh Ghatak shares his views on Incentives in Bribery and corruption.

Professor Maitreesh Ghatak shares his insights on Joint Liability in microcredit and microfinance, and gives a basic introduction to the problem of bribery.

Dr. Robert Simon shares his take on Game Theory behind politics, social institutions, dictatorships and God.

Dr. Robert Simon shares his views on the Banach-Tarski Paradox, Myopic Equilibria and Computational applications of Game Theory.