Aims:
This course aims at introducing game theory with a focus on its applications to issues that require cooperation amongst different parties. Specifically, the course covers both cooperative game theory and non-cooperative game theory. The target audience of the course is students who are interested in topics related to cooperation.
Intended Learning Outcomes
Upon completion, students will be able to:
- Explain the structure and solution concepts of cooperative games.
- Explain the structure of normal-form games.
- Explain and apply the concept of Nash equilibrium.
- Explain the structure of Bayesian games.
- Explain the revelation principle.
- Apply backward induction to derive subgame-perfect equilibrium.