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14. 12 Economic Applications of Game Theory

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    • 2 Advice
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    • Profile picture
    Sep 08, 2016
    | Would highly recommend.

    Not too easy. Not too difficult.

    Course Overview:

    Analysis of strategic behavior in multi-person economic settings.

    Course highlights:

    Introduction to solution concepts, such as rationalizability, backwards induction, Nash equilibrium, subgame-perfect equilibrium, and sequential equilibrium, with a strong emphasis on the assumptions behind these solution concepts. Issues of incomplete information, such as signaling and reputation formation.

    Hours per week:

    6-8 hours

    Advice for students:

    Applications drawn from microeconomics and political economy.

    • Spring 2015
    • Yildiz
    • Profile picture
    May 18, 2016
    | Would highly recommend.

    Not too easy. Not too difficult.

    Course Overview:

    Analysis of strategic behavior in multi-person economic settings.

    Course highlights:

    rationalizability, backwards induction, Nash equilibrium, subgame-perfect equilibrium, and sequential equilibrium, with a strong emphasis on the assumptions behind these solution concepts. Issues of incomplete information, such as signaling and reputation formation. Applications drawn from microeconomics and political economy.

    Hours per week:

    6-8 hours

    Advice for students:

    The course needs plenty of analytical skills.

    • Spring 2016
    • Yildiz

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