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

Min

3

Fixed/Max

3

Fixed

3

Fixed

0

Title

Model building and analysis

Learning Outcome

1. Students can create strategic models and analyze them using standard theoretical tools.

Title

Objectivity toward assumptions

Learning Outcome

2. Students can recognize assumptions that they and others implicitly make and evaluate and discuss these assumptions objectively.

Title

Empathy and strategic thinking

Learning Outcome

3. Students can recognize how actions can affect others' beliefs and incentives.