Game Theory and Law, Economics and Organization

Catalog description

The goal of the course is to enhance your ability to think strategically about complex and interactive environments. Strategic reasoning is applied to the study of Law, Economics and Organizational Behavior. Four themes will be emphasized for becoming a competent strategist. 1. Identifying Environments: Knowing the key features of a strategic situation that call for a response 2. Selecting Strategic Moves: Changing the game when necessary to your advantage. 3. Gathering Hidden Information: When to reveal information and when to solicit it. 4. Recognizing Rationality: How do opponents think? What are their preferences? How well informed are they? Prerequisite: Economics 201D and 205D.