ECON 478
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
Fall and Winter
Grade Rule
Grade Rule 8: A, B, C, D, E, I (Standard grade rule)
Min
3
Fixed
3
Fixed
3
Fixed
0
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.
