Introduction to Game Theory.

Catalog description

Introduction to game theory, the study of strategic behavior among parties having opposed, mixed or similar interests. Topics include social choice functions, May’s Theorem, Pareto and Condorcet criteria, Arrow’s Impossibility Theorem, zero-sum games, best responses and saddle points, mixed strategies, neutralizing strategies, bi-matrix games, solving 2-by-2 bi-matrix games, Nash equilibria, and the Prisoner’s Dilemma. Prerequisite: MATH 325 .