ECO 465 - Game Theory with Economic Applications

Institution:

Miami University-Hamilton

Subject:

Description:

Topics from the field of game theory applied to numerous economic problems. Equilibrium concepts are derived to determine the outcome of economic agents pursuing individual self-interest in a ?non-cooperative? environment. Specific tools included: multi-person decision trees, expected utility theory, Bayes Theorem, and several classes of games. Economic applications may include: wage bargaining, strategic trade policy, adverse selection and credit rationing, strikes, cartel enforcement, insurance, patents, and product variety. Prerequisite: ECO 315. Offered infrequently.

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.regionals.muohio.edu

Phone Number:

(513) 785-3000

Regional Accreditation:

North Central Association of Colleges and Schools

Calendar System:

Semester

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