Computational Microeconomics

Catalog description

This course is at the interplay of economics and computer science that utilizes computational techniques to operationalize economic problems. This course starts with two scaffolding sessions that introduce important research questions at the intersection of computer science and economics and the basic techniques from computer science. Then we study the theory and application of game theory, algorithmic game theory, social choice, and mechanism design. Game Theory includes formalizing the strategic environment in normal or strategic form and solution concepts of equilibrium. Algorithmic Game Theory designs algorithms to simulate the strategic environment and solve for equilibrium by programming. Social Choice and Mechanism Design study how to design mechanisms to achieve desirable outcomes specified by social choice functions. Finally, we study two application scenarios of game theory and mechanism design: Auction and Voting. Focus on 5 of DKU 7 animating principles of lucid communication, collaborative problem-solving, rooted globalism, purposeful life, and wise leadership, in this course, you would prosper together as DKUers, accomplish productive takeaways for your personal profiles, and exercise leadership as a global citizen. 001786