This course provides a comprehensive exploration of game theory, an extremely useful and versatile toolbox for modeling decision-making in interactive situations. Throughout the semester, we will delve into two fundamental types of games: simultaneous move games and sequential move games. In the first part of the course, we will examine simultaneous move games, where players make decisions simultaneously, emphasizing concepts such as Nash equilibrium and strategic dominance. The second part will focus on sequential move games, introducing the complexities of decision-making in a dynamic environment, featuring topics like subgame perfect equilibrium and extensive form games. By the end of the course, students will not only have a deep understanding of the theoretical foundations of game theory but will also be equipped to apply these concepts to real-world scenarios, enhancing their analytical and strategic thinking skills.
Main Reference:
Osborne, M. J. (2004). An introduction to game theory. New York: Oxford University Press.