ECON 478

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Game Theory and Economics

Economics College of Family, Home, and Social Sciences

Course Description

Application of game theory to study strategic interaction between individuals and organizations. Applications include imperfect competition, insurance markets, and bargaining.

When Taught

Contact Department

Credit Hours

Min

Fixed/Max

Lecture Hours

Fixed

Lab Hours

Fixed

Learning Outcomes

Title

Econ 478 students will be able to

Learning Outcome

Demonstrate an understanding of the game theoretic method of analysis. Define a Nash Equilibrium and discuss refinements of the Nash Equilibrium Concept. Think abstractly and rigorously about strategic interaction.