Course Catalog - 2006-2007

     

ECON 440 - ADVANCED GAME THEORY

Long Title: ADVANCED GAME THEORY
Department: Economics
Grade Mode: Standard Letter
Course Type: Lecture
Credit Hours: 3
Description: Choice under uncertainty and Von Neumann Morgenstern utility; games in normal form: mixed strategies, Nash equilibrium (existence and stability); games in extensive form: backward induction and other equilibrium refinements; games with incomplete information: Bayesian Nash equilibrium, application to signaling; cooperative games: the coalitional form, coalition formation and core stability, applications to exchange and bilateral Groves mechanisms. Recommended prerequisite(s): Familiarity with mathematical arguments and probability theory.