Game Theory and Economic Applications
ECON 1052
Subject & Catalog Number
Course Information
Description
Game theory is a mathematical method for analyzing strategic situations. It deals with situations in which multiple people must make interdependent decisions, such as chess, poker, bargaining, oligopoly pricing, and warfare. Topics include strategic-form and extensive-form games, rationalizability, Nash equilibrium, and subgame-perfect equilibrium. We will study applications such as long-term cooperation, auctions, mechanism design, and division of treasure between pirates.
Course Notes
Students may not take both Economics 1051 and Economics 1052 for credit.
Available for Harvard Cross Registration
NOTE: This course requires additional sections; you will be prompted to choose secondary components during the Add to Cart process