Course Details

Country: United Kingdom
Course Title: Game Theory
Course Number: EC2043
Course Description: By the end of this module, a typical student should be able to: - Formulate strategic form game representations of strategic interactions. - Explain the concepts of (weakly and strictly) dominant and dominated strategies. - Analyse the strategic form by applying the approach of iterated deletion of dominated strategies. - Formulate dynamic interactions in, and analyse, the extensive form. - Characterise subgame-perfect equilibria in extensive form games and apply these techniques to the analysis of repeated games and bargaining models. - Critically discuss the relationship between the theoretical tools of game theory and the empirical evidence on how people make decisions.
Language: English
Approved Equivalent: ECON 412
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