Game Theory II

(1.5 Credits)

This course builds on Game Theory 1 and continues the presentation of non-cooperative games, with an emphasis on asymmetric information: Bayesian games, Bayesian equilibrium and associated refinements. Key applications include auctions, global games, cheap talk, and reputation formation. Basic cooperative solution concepts like the core, Nash bargaining solution and Shapley value are also introduced and connections with the non-cooperative perspective explored.