Game Theory
Many everyday situations involve strategic interaction between several individuals. Examples include, but are not limited to, auctions, voting, R&D competition, promotional tournaments, public goods provision, and warfare.
In this course students will learn how to mathematically model these situations (a.k.a. games) and analyze how individuals (a.k.a. players) should behave, taking the actions of other individuals into account. Calculus and statistics will be used regularly. Upon completion of this course, students will be able to apply game-theoretic analysis to many strategic situations, solve for optimal strategies, and interpret results.