Fall 2004

ECO 354K • Introductory Game Theory

Course Description

This course will introduce upper-level undergraduates to game theory, which has made recent significant contributions in every field of economics as well as other social sciences. Game theory concerns itself with decision making in situations where the outcome depends on the actions of several decision makers. Chess and poker are games, but also business pricing decisions, trade tariff negotiations, and commitee voting can be fruitfully analyzed as formal games.

Classes will consist of lectures and demonstrations/experiments. There may be an occasional class scheduled at another time to utilize a computer laboratory. Most homework will be done in teams of 2-3 students.

Grading Policy

Homework 25%, Two exams 25% each, Final 25%.

A: 90-100, B: 80-90, C: 70-80, D: 60-70

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