Two years ago today, I published the first incarnation of Game Theory 101: The Complete Textbook. (It was incomplete back then, heh.) Every summer, I like to go through it and make changes where I can. This time around, I decided to add a new lesson on games with infinite strategy spaces, like Hotelling’s game, second price auctions, and Cournot competition. I have correspondingly added some content to the MOOC version. Videos below.
Initially, I was hesitant to add more material to the textbook because Amazon’s fee increases as the file size of the book increases. Yet, the size of the textbook shrunk because I cut down on unnecessarily wordy sentences. (Switching “is greater than” to “beats” probably chopped off 300 words from the book.)
The optimistic interpretation: Readers now learn more while reading less!
The pessimistic interpretation: I really, really need to work on writing shorter sentences.