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Economic Applications of Game Theory
MIT OpenCourseWare
Platform
· Cambridge, USA
About this course
Game theory is the mathematical analysis of strategic interaction. It is used to analyze situations in which one person’s best decision depends on the decisions taken by others. Examples include traditional games such as chess and poker, but also collusion by cartels, political competition, voting, bargaining, auctions, and evolution. This course will introduce the fundamental tools of game theory and use these tools to analyze applications.
Prerequisite Skills
Skills you should have before taking this course
Basic calculus
Introductory microeconomics
Probability basics
Skills Gained
Skills you will develop by completing this course
Game theory
Microeconomics
Strategic decision-making
Auctions
Bargaining theory
Political competition and voting
Economic modeling
Applied mathematics for economics