Game Theory

4.0 credits

Game theory is a systematic study of strategic situations. It is a theory that helps us analyze economic and political strategic issues, such as behavior of individuals in a group, competition among firms in a market, platform choices of political candidates, and so on. We will develop the basic concepts and results of game theory, including simultaneous and sequential move games, repeated games and games with incomplete information. The objective of the course is to enable the student to analyze strategic situations on his or her own. The emphasis of the course is on theoretical aspects of strategic behavior, so familiarity with mathematical formalism is required.