Introduction to Game Theory

Catalog description

This course introduces students to the basic concepts and tools of game theory and their applications to real-life situations. It starts with basic terms such as strategies, payoffs, and equilibrium, and then goes through different types of games, such as extensive form games, normal form games, dynamic games and games with incomplete information. The second half of the course covers a selection of topics closely related to the real world, such as cold war, voting, bargaining and auction. Students will be able to analyze the situation, frame it in terms of the tools discussed, and understand the strategies used in the interaction. Pre-requisites:Calc ( MATH-SHU 131 OR 201) Fulfillment: Economics Major Electives; IMB Major Business Elective Courses; Mathematics Major Additional Mathematics Electives; Honors Mathematics Major Mathematics Electives; Social Science Major Methods Courses; Business and Finance Major Non-Finance Electives; Business and Marketing Major Non-Marketing Electives