STAT/ECON 473 Game Theory

Week-by-Week Syllabus

Fall 2017

Consult the Reading guide for the exact sections of the text your are expected to read.

Week 1 Introduction, Quick overview of decision making with one decision maker, decisions under uncertainty: utility functions, rational choice introduction to game theory: extensive and strategic normal forms, information sets, strategies
Read Read Chapters 1 and 2.
Week 2 Pareto optimal solutions, strict domination of strategies, (weak) domination of strategies, iterated deletion of strictly dominated strategies (IDSDS), second price sealed bid auctions
Read Read Chapter 3.
Week 3 Best Responses, Nash Equilibrium, comparison between IDSDS and Nash equilibrium, equilibria in multiplayer games
Read Read Chapter 4, 5 and Notes on iterated eliminat and Nash equilibria
Week 4 Nash equilibria in continuous games, economic applications to Bertrand and Cournout duopoly,
Read Read Chapter 6
Week 5 Mixed strategies, finding mixed strategy equilibria
Read Read Chapter 7
Week 6 extensive games, backward induction, subgame perfect equilibria, Nash v. sub game perfect equilibria, extensive games of imperfect information
Read Read Chapter 8, 9
Week 7 more on extensive games, Midterm 1
Read Read Chapter 9
Week 8 games with asymmetric information, games of incomplete information, Bayesian games, Bayes-Nash equilibrium,
Read Read Chapter 10
Week 9 auctions with independent valuations, common value auctions, extensive games with asymmetric information, perfect Bayesian equilibrium
Read Read Chapter 11 and Notes on auctions
Week 10 signaling games
Read
Week 11 finitely repeated games, infinitely repeated games
Read Read Chapters 13
Week 12 stable marriage theorem, Gale-Shapley algorithm, review for midterm
Week 13 Midterm 2 Tuesday November 21
Week 14 applications of infinitely repeated games, evolutionary games
Read Read Chapters 14, 16
Week 15 evolutionary games
Read Read Chapters 16

Last revised: 11/9/17