EC406

Active

Social Sciences

Block Seminar

Traditional

Letter Grades, S/CR/NC, Audit

Game Theory offers a framework for studying strategic interactions in a wide variety of circumstances. Most economics and business courses explore the nature of choice by individuals -- be those consumers or firms or even countries. The interdependence among decision-makers is usually captured as a constraint on the activities of the individual. Game theory broadens that perspective by allowing the agent to be aware of and to interact with other agents in dynamic and complex ways. We will set up and solve strategic and sequential form games and evaluate the quality of those outcomes. We will also consider multi-player interactions under conditions of uncertainty.

(-EC301, and (-MA117 or -MA217 or -MA237), Students with AP Statistics credit must take MA237 instead of -MA217), and (-MA129 or -MA120 or -MA220.)