ECON 4301 - Game Theory

Institution:

The University of Texas at Dallas

Subject:

Description:

Rational decision-making in strategic situations where the optimal decision for one player depends upon the strategies of others. The emphasis is on non-zero sum, non-cooperative games in various frameworks: Single-period, repeated, and dynamic games with either symmetric or asymmetric information available to the players are considered. Equilibrium concepts include Nash equilibrium in pure strategies and mixed strategies, Bayesian Nash equilibrium, and refinements of Nash equilibrium such as Subgame Perfect equilibrium are considered. Games are illustrated through the use of economic examples, such as pricing and output decisions of firms, common property usage, bargaining, international trade games, and games of market entry. Prerequisite: ECON 3310. (3-0) Y

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.utdallas.edu

Phone Number:

(972) 883-2111

Regional Accreditation:

Southern Association of Colleges and Schools

Calendar System:

Semester

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