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The final will cover chapters 2,3,4,5,6,7,8,9,11,13.
Here is a list of topics from each
chapter.
The final will focus on material from after the midterm but include material
from before.
Chapter 2:
the properties of Extensive Form Games
how to draw a game tree given a strategic situation
the properties of Normal Form games
how to come up with a normal form game from a strategic situation
changing from extensive form to normal form,
Chapter 3:
Definitions of dominant strategy, strict dominance, weak dominance
How to solve a game when players are rational
Solving a game when rationality is common knowledge
How to do IDSDS
Definition of dominance solvable games
interpreting IDSDS profiles
Chapter 4:
Definition of Nash equilibrium
interpretation of NE as outcome when players are rational and have accurate beliefs about
others’ strategies
how to find purestrategy NE in 2person and 3person normal form games (use the circle
algorithm)
if a strategy is dominant it must be used in NE
NE is unique if all players have dominant strategy
weakly dominated strategy can be in NE,
the more a player suffers by deviating from a NE – the more stable the NE
dominance solvable profiles must be NE
NE must satisfy IDSDS
Chapter 5:
What makes something a symmetric game
any permutation of a NE is a symmetric game is another NE
coordination games (and many other games) involve many NE
how to find a NE in an nplayer game (come up with a profile of strategies and check to
see if it a NE, if not see what you can do to alter it so that it is)
selecting among NE: comparing the stability of NE, finding undominated NE, finding the
payoff dominant NE
*Chapter 6:
Constructing a strategic game when strategies are continuous
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This note was uploaded on 02/24/2011 for the course ECO 4400 taught by Professor Lightle during the Fall '10 term at FSU.
 Fall '10
 Lightle

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