Economics 270 - Game Theory:Understanding Strategic Interaction

Institution:

Bard College

Subject:

Description:

Environmental Studies, Political Studies Game theory is about situations of strategic interaction, where the best strategy of a player is dependent on the strategies adopted by other players. This interdependence of action leads to circular chains of reasoning, which can be "cut"by using game-theoretic concepts such as dominance, Nash equilibria, backwards induction, subgame perfection, and perfect Bayesian equilibria. Throughout the course these concepts are conveyed by using examples from several fields, including economics, politics, environmental studies, business, and biology, and from real life. Prerequisites: precalculus and permission of instructor.

Credits:

4.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.bard.edu

Phone Number:

(845) 758-6822

Regional Accreditation:

Middle States Association of Colleges and Schools

Calendar System:

Semester

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