Game Theory and Economics

IIT Guwahati Course , Prof. Debarshi Das

100 students enrolled

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

Lecture 39: Ultimatum Game

Up Next
You can skip ad in
SKIP AD >
Advertisement
      • 2x
      • 1.5x
      • 1x
      • 0.5x
      • 0.25x
        EMBED LINK
        COPY
        DIRECT LINK
        PRIVATE CONTENT
        OK
        Enter password to view
        Please enter valid password!
        0:00
        0 (0 Ratings)

        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

        LECTURES



        Review


        0

        0 Rates
        1
        0%
        0
        2
        0%
        0
        3
        0%
        0
        4
        0%
        0
        5
        0%
        0

        Comments Added Successfully!
        Please Enter Comments
        Please Enter CAPTCHA
        Invalid CAPTCHA
        Please Login and Submit Your Comment