Id: 042137 Credits Min: 3 Credits Max: 3

Description

Game theory looks a decision making in a social context where the outcomes are influenced by both our decisions and by the decisions of others. The tools of Game Theory can be used to better understand decision making in a brad range situations. This class will take examples from a variety of contexts including employee compensation, legal ramifications of crime, pricing strategies for firms, advertising, ranked choice voting, and social action. Studying game theory will not make it so we always "win" but it will improve our decisions and help us understand the world we live in.

Prerequisites

ECON.2010 Principles of Microeconomics, and MATH.1200 (or higher) Precalculus Mathematics I.

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