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Dec 26, 2024
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2022-2023 Undergraduate Bulletin [ARCHIVED CATALOG]
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ECO 3850 - Game Theory (3) When Offered: On Demand This course will develop the framework to conduct strategic economic analysis of individual and firm level decision-making. Students will be exposed to different approaches to modeling simultaneous-move and sequential-move games with and without repetition and uncertainty. In addition, students will learn techniques used to solve games for unique, multiple, and mixed-strategy Nash equilibria, as well as refinements to the Nash equilibrium concept. These techniques will be applied to collective-action problems, voting behavior, bargaining and negotiation, mechanism design, and bidding in auctions. Prerequisite: 54 earned hours, MAT 1035 or MAT 1110 .
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