Game Theory


Mathematical Economics and Econometrics program elective course

Description

Non-cooperative game theory is an abstract framework for analyzing strategic situations that involve multi-person interdependent decision making. Conflict, cooperation, coordination, bargaining, auctions are all topics that can be successfully analyzed within this framework.

 

This course teaches the fundamentals of game theory. Although one rarely uses anything more than algebra, the course is analytically demanding. The hard part of game theory is not the math but the logic and mastering this takes time and effort.