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  <title>Are equilibria a good predictor for real-life behaviour? | with Colin Camerer</title>
  <description>In this episode we explore the most classical topic from Game Theory – equilibrium analysis. Our guest Colin Camerer shares insights on the game LUPI (‘lowest unique positive integer’). We first discuss the actual mathematical equilibrium analysis and then dive into real life: results from a Swedish game show in which the game was played in a lottery format. Colin also compares the results from the game show with a study of the same game in a controlled lab environment. We finish the episode by deep-diving into level-k reasoning and Colin shares an example based on the role of published movie reviews. &amp;amp;nbsp; Colin Camerer is the Robert Kirby Professor of Behavioral Economics at Caltech. His research interests include decisions, games, and markets. </description>
  <author_name>Game Changer - the game theory podcast</author_name>
  <author_url>http://tws-gamechanger.libsyn.com/website</author_url>
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