Game Theory and Strategic Behavior

ECO 2035

This course examines fundamental game theory concepts such as static games, games of incomplete information, and dynamic games in the context of strategic behaviors in situations of multi-person decision-making. We will also discuss issues related to these behaviors, including the availability of information and market failure. Interesting applications of game theory include research and development in pharmaceuticals, siting of new business locations, and Enron.

Credits: 3 Cr.