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In Lecture 5 of Social Network Analysis, Dr. Stefan Siersdorfer covers critical concepts from Easley and Kleinberg's work, emphasizing mixed strategies in game theory, such as matching pennies and the prisoner's dilemma. The lecture delves into dynamic games, exploring scenarios like the market entry game and Braess's Paradox, illustrating how strategic interactions affect outcomes in networks. Through figures and examples, participants gain insights into the complexities of decision-making in social networks.
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Social Network Analysis- Lecture 5 - * Dr. Stefan Siersdorfer * Figures and Examples in Slides from Easley and Kleinberg 2010
Prisoner‘s Dilemma Player 2 A: stay silent B: betray A: stay silent Player 1 B: betray