Module code: ECN214
Credits: 15.0
Semester: SEM1
Contact: Dr Christopher Tyson
Prerequisite: Before taking this module you must take ECN111
This module provides an introduction to game theory, a framework for studying situations of strategic interdependence. You will be shown how to describe such situations formally, how to analyse them using concepts of dominance and equilibrium, and how the theory can be applied to questions arising in various social sciences. Concepts and techniques to be studied include: games in extensive and strategic form, backward induction, strategic dominance, imperfect information, choice under uncertainty, pure and mixed strategy Nash equilibrium, coordination and outguessing games, the prisoners' dilemma, subgame perfection, iterative dominance, commitment and credibility, and repeated games.
Connected course(s): UDF DATA
Assessment: 100.0% Coursework
Level: 5