Game theory is the study of strategic decision making by autonomous and interdependent individuals. This course emphasizes the roles information and incentives play in determining strategic outcomes. Applications include free-rider problems, voting paradoxes, the tragedy of the commons, social unrest, pricing models, the effects of reputation, bargaining, and auctions. Formerly Economics 220-may not be taken for credit if completed 220.
Distribution Area
Students entering prior to Fall 2024: Social Sciences (SO DIST)
Prerequisites
Economics 100 or 101; and Economics 307.