Economics 496 (Experimental) Economics of Strategy

Game theory is the study of decision-making in situations where the choices of different individuals interact. Game theory and teach the analysis of strategic decision-making. Strategic games are appropriate models in many economic situations, such as price competition, product design, firm entry into a new market, bargaining, and bidding in auctions. They are also appropriate in non-economic situations such as political decision making and voting. The course will develop a general framework for optimal strategic decision making in all such situation