Game Theory. ((3 Credits))

Catalog description

Prerequisite(s): ECON 4010 , ECON 4320 , and University Advanced Standing Designed to give students the skills to assess economic and social issues where strategic interaction is relevant. Teaches students to condition their responses based on the reactions and behavior of other individuals rather than merely in response to outside constraints, which is the usual approach to optimization theory. Provides concepts, tools, and experience to deal with game theory situations.