ECON 409 - Game Theory
Winter 2014, Section 001
Instruction Mode: Section 001 is (see other Sections below)
Subject: Economics (ECON)
Department: LSA Economics
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Details

Credits:
4
Requirements & Distribution:
BS
Enforced Prerequisites:
ECON 401 (completed with a minimum grade of C- or better); OR Graduate Standing.
Advisory Prerequisites:
MATH 217.
BS:
This course counts toward the 60 credits of math/science required for a Bachelor of Science degree.
Repeatability:
May not be repeated for credit.
Primary Instructor:

Description

Game theory is the study of strategic interactions, where economic agents ("players" in a "game") affect each other through their actions, and make their decisions in light of what others are likely to choose. One fundamental puzzle in game theory is how players can cooperate when each of them faces an incentive to cheat the others. Why would a producer exert effort to produce a quality product if the consumer cannot verify the quality until after purchase? Why would people contribute time and effort to community projects when they could relax and let others do the work? More questions arises from games of conflict, where one player wins only if others lose. How can we predict who will win? Yet more questions arise from games of coordination, where the players agree on which outcomes are good but don't necessarily know how to obtain them. When should we expect players to coordinate successfully? Game theory provides a unified framework for addressing these questions. By formalizing the situations that players face, we can trace the logical implications of our assumptions on players' preferences, beliefs, and methods of reasoning.

Course Requirements:

In this advanced course, students should be comfortable with rigorous definitions, logical reasoning, probabilities, and optimization using calculus.

Intended Audience:

Game theory is a core tool of modern economics, and also yields useful insights into business strategy, political science, computer science, sociology, biology, and other fields.

Class Format:

Evaluations will be based on exams, quizzes, and participation in lectures, discussion sections, and the course website.

Schedule

ECON 409 - Game Theory
Schedule Listing
001 (LEC)
 In Person
22851
Open
11
 
-
TuTh 11:30AM - 1:00PM
Note: Please bring a computing device with a capable web browser to lecture for in-class activities.
002 (DIS)
 In Person
22852
Open
3
 
-
F 12:00PM - 1:00PM
003 (DIS)
 In Person
22853
Open
6
 
-
F 1:00PM - 2:00PM
004 (DIS)
 In Person
32176
Closed
0
 
-
F 11:00AM - 12:00PM
005 (DIS)
 In Person
32177
Open
2
 
-
F 10:00AM - 11:00AM

Textbooks/Other Materials

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Syllabi

Syllabi are available to current LSA students. IMPORTANT: These syllabi are provided to give students a general idea about the courses, as offered by LSA departments and programs in prior academic terms. The syllabi do not necessarily reflect the assignments, sequence of course materials, and/or course expectations that the faculty and departments/programs have for these same courses in the current and/or future terms.

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CourseProfile (Atlas)

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CourseProfile (Atlas)