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ECON 159

Game Theory

Undergraduate · Historical course

Fall 2007

Topics

  • Introduction: Five First Lessons
  • Putting Yourselves into Other People's Shoes
  • Iterative Deletion and the Median-Voter Theorem
  • Best Responses in Soccer and Business Partnerships
  • Nash Equilibrium: Bad Fashion and Bank Runs
  • Nash Equilibrium: Dating and Cournot
  • Nash Equilibrium: Shopping, Standing and Voting on a Line
  • Nash Equilibrium: Location, Segregation and Randomization
  • Mixed Strategies in Theory and Tennis
  • Mixed Strategies in Baseball, Dating and Paying Your Taxes
  • Evolutionary Stability: Cooperation, Mutation, and Equilibrium
  • Evolutionary Stability: Social Convention, Aggression, and Cycles
  • Midterm Exam
  • Sequential Games: Moral Hazard, Incentives, and Hungry Lions
  • Backward Induction: Commitment, Spies, and First-Mover Advantages
  • Backward Induction: Chess, Strategies, and Credible Threats
  • Backward Induction: Reputation and Duels
  • Backward Induction: Ultimatums and Bargaining
  • Imperfect Information: Information Sets and Sub-Game Perfection
  • Subgame Perfect Equilibrium: Matchmaking and Strategic Investments
  • Subgame Perfect Equilibrium: Wars of Attrition
  • Repeated Games: Cooperation vs. the End Game
  • Repeated Games: Cheating, Punishment, and Outsourcing
  • Asymmetric Information: Silence, Signaling and Suffering Education
  • Asymmetric Information: Auctions and the Winner's Curse
  • Final Exam

Readings

  • A. Dixit and B. Nalebuff. Thinking Strategically , Norton 1991
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  • J. Watson. Strategy: An Introduction to Game Theory , Norton 2002
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  • P.K. Dutta. Strategies and Games: Theory And Practice , MIT 1999
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Sources