Course Details

Country: Netherlands
Course Title: Methods of PPE III
Course Number: W_JSM_221
Course Description: Conflict as well as cooperation are key features of our social world. Both follow interdependency of human actions. Conflicts arise when one person’s interests clash with the interests of another person, whereas cooperation often emerges because individuals can jointly realize goods or benefits which they cannot realize on their own. Game theory is the systematic study of such interdependencies and it thus is crucial for our understanding of human interaction. The course provides a rigorous training in the tools of game theory and brings out the relevance of those tools for a wide variety of PPE-topics - ranging from the analysis of international relations to proposals for tax reform, and from negotiations between trade unions and employer organizations to the formation of governments. Game theoretic topics that will be covered include: extensive form and normal form games; incomplete information; equilibrium concepts; evolutionary games; cooperative games; and bargaining.
Language: English
Approved Equivalent: ECON 3--
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