Introduction to game theory for advanced undergraduates; definition and existence of an equilibrium point for strategic, repeated and extensive form games; strategic and evolutionary equilibrium refinements; equilibrium selection; applications include auctions, bargaining, oligopoly, strategic market games, team production, voting and behavioral game theory. Prerequisites: Grade of C or better in ECON 323; MATH 142, MATH 131, MATH 151, or MATH 171 Credits 3. 3 Lecture Hours.
Introduction to game theory for advanced undergraduates; definition and existence of an equilibrium point for strategic, repeated and extensive form games; strategic and evolutionary equilibrium refinements; equilibrium selection; applications include auctions, bargaining, oligopoly, strategic market games, team production, voting and behavioral game theory. Prerequisites: Grade of C or better in ECON 323; MATH 142, MATH 131, MATH 151, or MATH 171 Credits 3. 3 Lecture Hours.