Game Theory Public Policy

3 Credits · Level: Graduate

The objective of this course is to enable students to use game theory as a tool of public policy analysis. In today’s world many public policies are formulated and implemented in settings where multi-agents interact strategically. Game theory is a method that supports a careful analysis of interactive behavior among agents. Therefore, game theory provides valuable tools to evaluate policy recommendations and policy implementations when implementation depends on the strategic decisions of several agents. This course doesn’t rely on advanced mathematical uses. Instead, we focus on the uses of game theory as a formal modelling approach that adds structure and rigorous to public policy analysis. In order to take full advantage of this course, at least one semester of calculus is required, and basic knowledge of probability theory is strongly recommended. Pre-requisite PPOL 501 or PPOL 531.