
Lecture Description
- The CosmoLearning Team
Course Index
- Definition of Game Theory and Rational Choice
- Interacting Decision Makers
- Strategic Games : Examples
- Matching Pennies, Stag Hunt and Nash Equilibrium
- Examples of Nash Equilibrium
- Altruism and Prisoner's Dilemma
- Variants Stag Hunt Game, Hawk Dove and Coordination Game
- Public Good Provision, Strict Nash Equilibrium
- Best Response Functions
- Strictly and Weekly Dominated Action
- Application of Week Domination: Voting
- Symmetric Games and Symmetric Equilibrium
- Cournot Model of Oligopoly
- Different Aspects of Cornot Model
- Further Aspects of Cournot Model
- Cournot & Bertrand Models
- Different Aspects of Bertrand Model
- Electoral Competition 1
- Different Aspects of Hotelling Model
- Hotteling Model: Concluding Remarks
- War of Attrition
- Second Price Sealed Bid
- Further Aspects of Second Price Auction
- First Price Auction
- All Pay Auction, Multi Unit Auction
- Accident Laws
- Mixed Strategy Nash Equilibrium: Introduction
- Mixed Strategy, Mixed Strategy Equilibrium
- Mixed Strategy Equilibrium: Concept and Examples
- Characterisation of Mixed Strategy Equilibrium
- Dominated Actions and Iterated Elimination
- Rationalisability and Beliefs
- Extensive Games: Introduction
- Strategy and Equilibrium
- Nash Equilibrium and Its Problems
- Subgame Perfect Nash Equilibrium
- Backward Induction
- Backward Induction: Exercises
- Ultimatum Game
- Stackelberg Duopoly Model
Course Description
The course is intended for students and teachers of institutions which offer undergraduate engineering programmes.
The aim of the course is to provide an introduction to the study of game theory which has found wide applications in economics, political science, sociology, engineering apart from disciplines like mathematics and biology.
The course would introduce to the fundamental tools of game theory, a few equilibrium concepts, apart from numerous exercises and applications.
Knowledge of game theory would help students to understand and analyse real life situations such as market behaviour or voting in elections, apart from equipping them with analytical concepts which might be useful should they decide to pursue social sciences, engineering, sciences or managerial higher studies.
This is an interdisciplinary course, hence not only social sciences but science and engineering departments of different universities can benefit from it.
The six modules of the course are as follows:
I. Introduction to Game Theory
II. Strategic Games and Nash Equilibrium
III. Illustrations of Nash Equilibrium
IV. Mixed Strategy Nash Equilibrium
V. Extensive Games and Nash Equilibrium
VI. Illustrations of Extensive Games and Nash Equilibrium