Game Theory

3 Credits

This course introduces students to a set of tools that economists, among others, use to analyze strategic interactions among individuals, firms, nations, etc. The coverage of theories begins with single-person decision-making and extends to games (multi-person interactive decision-making) under various strategic and informational environments. Theories will be supplemented with a variety of applications, which include competitive pricing in oligopolistic markets, tragedy of the commons, bidding behavior in auctions, bargaining, voting and electoral competition, and strategic use and transmission of information. Prerequisites: ECO 146 and ( MATH 021 or MATH 031 or MATH 051 or MATH 081 or ( MATH 061 and MATH 062 ) or ( MATH 075 and MATH 076 ), ) Attribute/Distribution: CC, Q, SS