Cambridge Economics Interview Question Explained (Ultimatum Game Analysis)
Автор: 유학생 과외앱 - 튜터하이브
Загружено: 2015-07-17
Просмотров: 52513
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Preparing for Cambridge Economics or Oxford Economics interviews?
This video breaks down one of the most classic problems Oxbridge interviewers love to use — the Ultimatum Game, a foundational concept in game theory, behavioural economics, and decision-making.
A Cambridge economist walks through the full reasoning process:
• How to model the game using decision trees
• Backwards induction & subgame perfect Nash equilibrium
• Why the “rational” outcome differs from real human behaviour
• How social preferences like fairness, reciprocity & inequity aversion change the result
• How interviewers may extend or deepen the question
This is the kind of conversation you might have in a real Oxbridge tutorial — thinking critically, questioning assumptions, and exploring both theory and real-world behaviour.
Perfect preparation for:
• Cambridge Economics applicants
• Oxford Economics applicants
• Anyone preparing for Oxbridge interviews using game theory, logic, or microeconomics reasoning.
For more support with Oxbridge applications, check out the link below.
/ @oxbridgesolution
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