GAME THEORY

概要

This course offers an introduction to (non-cooperative) game theory. Game theory is constructed to describe and understand the situations called "strategic interdependence" in which agents (individuals, firms, public institutions, or nations, etc.) interact and what s/he will get depends not only on what s/he does but also on what others do. Examples of such strategic situations include the "rock, paper, scissors" game, competition among firms or political parties, bargaining, bidding in an auction, and an arms race among nations. Game theory has become a major analytical tool in a number of disciplines, including economics, political science, international relations, sociology, and biology. This course introduces basic concepts and practical applications of game theory, covering two basic frameworks (strategic-form and extensive-form games), several equilibrium concepts (Nash equilibrium, subgame perfect equilibrium, etc.), and their applications including auction strategy and design and bargaining problems.

目標

To understand the main ideas and techniques of game theoretic analysis. To learn how to apply game theory to modeling and analyzing economic and social problems.

授業外の学習

Students are encouraged to review the handouts distributed every week and to try to understand everything you didn't get in class.

所要時間: 200 minutes