Game Theory

Code 256PP
Credits 6

Learning outcomes

Short summary of the course.
1. Overview of utility and probability;
2. Description and classification of games: strategic form, extensive form; zero sum, variable sum;
3. The concept of strategy;
4. The concept of solution and some of the most important proposals of a solution: minimax and Nash equilibrium;
5. Some refinements of the Nash equiibrium;
6. Some typical games in strategic form and in extensive form and their solution;
7. The theory of repeated games;
8. How economists discovered games and solution concepts: Cournot, Bertrand, Edgeworth, Stackelberg, Hotelling, Vickrey.