Course Overview
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 employees to understand and analyze real life situations such as market behavior or voting in elections, apart from equipping them with analytical concepts which might be useful in their day to day work.
Duration = 2400 mins
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Course Content
The courses in this category work well with Inte...
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Syllabus
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1. Definition of Game Theory and Rational Choice
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2. Interacting Decision Makers
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3. Strategic Games : Examples
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4. Matching Pennies, Stag Hunt and Nash Equilibrium
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5. Examples of Nash Equilibrium
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6. Altruism and Prisoner’s Dilemma
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7. Variants Stag Hunt Game, Hawk Dove and Coordination Game
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8. Public Good Provision, Strict Nash Equilibrium
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9. Best Response Functions
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10. Strictly and Weakly Dominated Action
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11. Application of Weak Domination: Voting
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12. Symmetric Games and Symmetric Equilibrium
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13. Cournot Model of Oligopoly
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14. Different Aspects of Cournot Model
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15. Further Aspects of Cournot Model
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16. Cournot & Bertrand Models
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17. Different Aspects of Bertrand Model
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18. Electoral Competition 1
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19. Different Aspects of Hotelling Model
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20. Hotelling Model:Concluding Remarks
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21. War of Attrition
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22. Second Price Sealed Bid Auction
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23. Further Aspects of Second Price Auction
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24. First Price Auction
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25. All Pay Auction, Multi Unit Auction
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26. All Pay Auction, Multi Unit Auction
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27. Mixed Strategy Nash Equilibrium: Introduction
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28. Mixed Strategy, Mixed Strategy Equilibrium
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29. Mixed Strategy Equilibrium: Concept and Examples
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30. Characterisation of Mixed Strategy Equilibrium
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31. Dominated Actions and Iterated Elimination
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32. Rationalisability and Beliefs
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33. Extensive Games: Introduction
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34. Strategy and Equilibrium
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35. Nash Equilibrium and Its Problems
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36. Subgame Perfect Nash Equilibrium
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37. Backward Induction
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38. Backward Induction: Exercises
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39. Ultimatum Game
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40. Stackelberg Duopoly Model
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Assessment
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Certificate
Simple Certificate
Note: Certificate is downloadable only on the next...
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Course Features
Course Content
Course Badges
- Completion Badge - Game Theory and Economics