How do you communicate and explain game-theoretic concepts and results to non-experts and stakeholders?

This as a first step seems a little generic and part of generally accepted "best practices" for communicating a message. While it is good to relate what you want to explain to your audience, this falls a bit short in originality. The point of this article should be more focused on how to explain "Game Theory." If your first step is this, really this could be the first step in any article on how to explain something. Replace, "game theory" with: AI, economics, a sales pitch, etc., and you will find this as the first step. The Prisoner's Dilemma is an excellent example of a Game Theory thought experiment because it is relatable to any audience, regardless of their background, interests, goals.

I agree with this, which further explains why I think this should really be the first step and not "know your audience." This step makes the point that an example should be relatable, and is focused on the particular concept you are trying to explain in determining which example you should highlight, but in step 1, the advice is focused on a homogenous audience first and foremost, as opposed to the concept. This is contradictory. What if this is a general assembly of diverse backgrounds? You can't possibly "know your audience" or tailor it to everyone. This article makes the assumption that you will know this. The fundamental step in simplifying a concept is crafting it in a way that it doesn't matter who's listening. Everyone gets it.

Stories are potent tools for teaching complex topics. Take "relativity" in physics, for instance, a tough concept even for adults. But with a story, it becomes accessible. Picture a superhero, Captain Relativity. He runs almost at light speed, and something incredible happens. Time slows down for him compared to those standing still. So, after his fast adventure, he finds less time passed for him than for his friends. This is 'time dilation.' In this simple story, the intricate concept of time dilation in relativity becomes relatable, turning the abstract theory into something understandable. This is the power of stories in making complex topics engaging and memorable for learners of all ages.

I disagree with this. Don’t use open ended questions. Game theoretic equilibrium are very structured in terms of their definition. You can step people though calculations with a set of structured multiple choice questions to illustrate different equilibrium concepts.

To communicate game-theoretic concepts to non-experts, use simple language and avoid jargon. Illustrate ideas with real-life examples or stories to make the concepts relatable. Visual aids, such as diagrams or charts, can help in breaking down complex ideas. Always connect the theory back to practical implications to showcase its value and relevance in real-world situations. Finally, encourage questions and foster a collaborative discussion to ensure understanding and engagement.

If we are trying to apply game theory in business then the best way to communicate it is by having a practical use case that can be explained how game theory can be applied in a given area. So for example, we can explain the lemon problem and adverse selection principles in second hand car business.

Para comunicar y explicar la teoría de juegos a no expertos y partes interesadas, es clave usar enfoques accesibles y ejemplos prácticos: 🚀 Analogías y ejemplos cotidianos → Relacionar conceptos con situaciones familiares, como negociaciones, competencia empresarial o dilemas sociales. 🔄 Visualización de estrategias → Utilizar gráficos, árboles de decisión y simulaciones interactivas para ilustrar escenarios de juego. 📊 Narrativas y casos reales → Explicar modelos como el dilema del prisionero con historias concretas que resalten su impacto en la toma de decisiones. 🤝 Interacción y gamificación → Incorporar juegos y ejercicios participativos para que los interesados experimenten los principios de la teoría de juegos en acción.