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Game theory is a study of mathematical models of conflict which makes it useful for economic applications. It is also known as multi-person decision theory which analyzes situations based on the payoff of a decision in several fields like economics, law, biology, etc.

You are expected to learn from this Economic Applications of Game Theory the related topics of game theory. You are provided with the basic tools used for game theoretic analysis to enumerate its applications.

Assessment

This course does not involve any written exams. Students need to answer 5 assignment questions to complete the course, the answers will be in the form of written work in pdf or word. Students can write the answers in their own time. Each answer needs to be 200 words (1 Page). Once the answers are submitted, the tutor will check and assess the work.

Certification

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Course Credit: MIT

Course Curriculum

Introduction 00:10:00
Decision Theory 00:30:00
Representation of Games 01:00:00
Dominance 00:20:00
Rationalizability 00:25:00
Nash Equilibrium 00:25:00
Application Imperfect Competition 00:25:00
Further Applications 00:20:00
Backward Induction 00:35:00
Application Negotiation 00:30:00
Subgame-Perfect Nash Equilibrium 00:30:00
Repeated Games 01:00:00
Application Implicit Cartels 00:25:00
Static Games with Incomplete Information 00:20:00
Static Applications with Incomplete Information 01:00:00
Dynamic Games with Incomplete Information 01:00:00
Assessment
Submit Your Assignment 00:00:00
Certification 00:00:00

Course Reviews

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