GAME THEORY (API-303)



Looks like the work of our own Greg Mennis (who modestly suggests some sort of team effort) has resulted in Game Theory being added to the Spring curriculum!

Many mid-careers who got a taste for Game Theory this past summer can finally learn how to properly handle the "Prisoners' Dilemma". Sadly, our first attempt resulted in the long-term incarceration of professor Maria Demertzis, so we covered our tracks and started a rumor that she simply 'returned to Europe' after the summer program ended...



1. API-303, Game Theory, Strateic Decisions & Negotiations
Spring, 1.0 credit
Stephan Meier
Many decisions in every day life, in politics, and in business affect others and also depend on the actions of others. Anticipating the reaction of the other actors is essential for making the right decisions and reaching a successful outcome. This course uses game theory and concepts of individual decision making to think critically and analytically about such strategic interactions. Insights from both, economics and psychology, will be used to guide and refine the analysis of what the best strategy in a number of different such situations will be. The theoretical concepts will therefore be applied to a number of public policy issues. This is an introduction to game theory, and no prior knowledge in game theory is required. Prior familiarity with basic concepts of microeconomics is, however, an advantage
Day/Time/Location: M/W 11:40-1:00, L230. Review: Fri. 11:40-1:00 L332

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