Game theory videos by Tim Harford

I recently finished Tim Harford’s book The Logic of Life which is an entertaining economics read. (My favorite part is the discussion about Giffen goods).

I was pleased to discover a couple of videos used to promote the book that discussed game theory. The videos are cute and brief explanations of economic concepts.

One discusses the game theory of racial segregation – the Schelling Segregation model – and the other is about why your boss is overpaid – tournament theory.

Here they are for your viewing pleasure!

Youtube video: racial segregation