Introduces game theory as used in many different disciplines, with an emphasis on economics. The course will focus on finding Nash equilibrium of non-cooperative games. The reasonableness of various kinds of equilibria will also be discussed, as well as departures from the usual assumptions of rational behavior. Students will describe a situation as a game and solve for its equilibria.

Code
EC3061
Name
ECON. APPLICATIONS OF GAME THEORY
Credits
4
Pre-requisites
EC2010GE110 OR EC2010 AND EC2020 OR EC2020GE110
Co-requisites
None
Can be taken twice for credit?
No
Discipline
EC (Economics)
Level
Undergraduate
Type
Regular
CAMS ID
2722
Last update with CAMS
Understand the basic concept in game theory and the assumptions underlying these concepts
Analyse and solve different games and applications
Take real-world situations and describe them as simple games
Term Code Name
Fall 2020 EC3061 ECON. APPLICATIONS OF GAME THEORY