Description
This course is an introduction to game theory and strategic thinking. Ideas such as dominance, backward induction, Nash equilibrium, evolutionary stability, commitment, credibility, asymmetric information, adverse selection, and signaling are discussed and applied to games played in class and to examples drawn from economics, politics, the movies, and elsewhere.
Course Takeaways
- Introduction to game theory and strategic thinking
Meet the Instructors
Ben Polak is Professor of Economics and Management in the Department of Economics and the School of Management at Yale University. He received his B.A. from Trinity College, Cambridge University, his M.A. from Northwestern University, and his Ph.D. from Harvard University. A specialist in microeconomic theory and economic history, he has published in Economic Letters, Journal of Economic Theory, Journal of Economic History, Journal of Legal Studies, Journal of Theoretical and Institutional Economics, and Econometrica. His current projects include “Generalized Utilitarianism and Harsanyi’s Impartial Observer Theorem” and “Mean-Dispersion Preferences.” Full biography