Economics 315 - Game Theory

Institution:

Reed College

Subject:

Description:

Full course for one semester. This course studies strategic behavior in multiperson games. We study various classes of games, including static and dynamic games as well as those of complete and incomplete information. We also consider various solution concepts, including iterated elimination of dominant strategies, Nash equilibrium, and evolutionary stability. Numerous refinements of the Nash equilibrium concept, including subgame perfect Nash equilibrium, Bayesian Nash equilibrium, and perfect Bayesian equilibrium, are also considered. There will be a heavy emphasis on the application of game theory to the study of the real world. We apply game theory to the study of competition, the commons, bargaining, auctions, conventions, institutions, and political decision-making. Prerequisite: Economics 201, Mathematics 111, or the equivalent. Lecture-conference. Not offered 2009-10.

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.reed.edu

Phone Number:

(503) 771-1112

Regional Accreditation:

Northwest Commission on Colleges and Universities

Calendar System:

Semester

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