
Game Theory and Economics
Game Theory and Economics
Application of game theory to study strategic interaction between individuals and organizations. Applications include imperfect competition, insurance markets, and bargaining.
ECON
478
Hours | 3.0 Credit, 3.0 Lecture, 0.0 Lab |
Prerequisites | ECON 378 & ECON 380 |
Taught | Fall, Winter |
Programs | Containing ECON 478 |
Course Outcomes:
Econ 478 students will be able to
- Demonstrate an understanding of the game theoretic method of analysis.
- Define a Nash Equilibrium and discuss refinements of the Nash Equilibrium Concept.
- Think abstractly and rigorously about strategic interaction.