x
Menu

Game Theory and Economics

IIT Guwahati, , Prof. Debarshi Das

Updated On 02 Feb, 19

Overview

Contents:
Introduction to Game Theory :
What is game theory? - Theory of rational choice - Interacting decision makers

Strategic Games and Nash Equilibrium : Strategic games: examples - Nash equilibrium: concept and examples - Best response functions - Dominated Actions - Symmetric games and symmetric equilibria

Illustrations of Nash Equilibrium : Cournots model of duopoly market - Bertrands model of duopoly market - Electoral Competition - War of Attrition - Auctions - Accident Laws
Mixed Strategy Nash Equilibrium : Introduction - Strategic games with randomisation - Mixed strategy Nash equilibrium: concept and examples - Dominated Actions - Formation of Players beliefs

Extensive Games and Nash Equilibrium : Introduction to extensive games - Strategies and outcomes - Nash equilibrium - Subgame perfect Nash equilibrium - Backward induction
Illustrations of Extensive Games and Nash Equilibrium : Stackelberg model of duopoly markets - Ultimatum game

Includes

Lecture 13: Cournot Model of Oligopoly

4.1 ( 11 )


Lecture Details

Game Theory and Economics by Dr. Debarshi Das, Department of Humanities and Social Sciences, IIT Guwahati. For more details on NPTEL visit httpnptel.iitm.ac.in

Ratings

0


0 Ratings
55%
30%
10%
3%
2%
Comments
comment person image

Sam

Excellent course helped me understand topic that i couldn't while attendinfg my college.

Reply
comment person image

Dembe

Great course. Thank you very much.

Reply
Send