EC3312
GAME THEORY & APPLICATIONS TO ECONOMICS
Semester 1, 2012/2013
Satoru TAKAHASHI
15 August 2012
Prerequisite: EC2101/EC2151 and a module on probability (BK1004,
EC2303/EC2231, GM2303, MA2216, MQ2
NATIONAL UNIVERSITY OF SINGAPORE
SEMESTER II 2011-2012
EC3312 GAME THEORY AND APPLICATIONS TO
ECONOMICS
1 March 2012 - Time Allowed: 105 Minutes
INSTRUCTIONS TO CANDIDATES
1. This is a closed-book exa
Testing Mixed-Strategy Equilibria When Players Are
Heterogeneous: The Case of Penalty Kicks in Soccer
By P.-A. CHIAPPORI, S. LEVITT,
The concept of mixed strategy is a fundamental component of game th
Minimax Play at Wimbledon
By MARK WALKER
AND JOHN
In many strategic situations it is important
that ones actions not be predictable by ones
opponent, or by ones opponents. Indeed, the
origins of moder
Static (Simultaneous-Move) Games
How to represent? Normal form
How to solve? Nash equilibrium, dominant strategies,
iterative elimination of dominated strategies
Examples: prisoners dilemma, rock-scis
Review of Economic Studies (2003) 70, 395–415
c 2003 The Review of Economic Studies Limited
0034-6527/03/00150395$02.00
Professionals Play Minimax
IGNACIO PALACIOS-HUERTA
Brown University
First versio
EC3312 Game Theory and Applications to
Economics
Satoru Takahashi
19 September 2012
Satoru Takahashi ()
EC3312 - Lecture 6
19 September 2012
1 / 19
Games of Complete but Imperfect Information
We study
EC3312 Game Theory and Applications to
Economics
Satoru Takahashi
12 September 2012
Satoru Takahashi ()
EC3312 - Lecture 5
12 September 2012
1 / 22
Dynamic Games of Complete Information
The goal of le
EC3312 Game Theory and Applications to
Economics
Satoru Takahashi
5 September 2012
Satoru Takahashi ()
EC3312 - Lecture 4
5 September 2012
1 / 20
On the Midterm Exam
Exam in class, 3 October, Wednesda
EC3312 Game Theory and Applications to
Economics
Satoru TAKAHASHI
29 August 2012
Satoru TAKAHASHI
EC3312 - Lecture 3
29 August 2012
1 / 15
A Comment on Weak Dominance
L
C
R
T 2, 1 1, 2 0, 0
M 1, 2 2,
EC3312 Game Theory and Applications to
Economics
Satoru Takahashi
22 August 2012
Satoru Takahashi
EC3312 - Lecture 2
22 August 2012
1 / 17
Classication of Games
Static
Dynamic
Complete Info
Normal-for