In many - perhaps most – economic, political, legal and social interactions, there is potential for strategic behaviour, a term, “intended to focus on the interdependence of the adversaries' decisions and on their expectations about each other's behaviour.” (Schelling, 1960, The Strategy of Conflict). Recognising and understanding such behaviour is an essential part of any analyst’s toolkit and this course is designed to enable just such recognition and understanding. Game theory has successfully been applied in a diverse range of fields, such as economics, political science, military analysis, law, biology and computer science.
The aim of this course is to provide an introduction to strategic thinking and analysis through the basic techniques of game theory and to illustrate the range of its applications in almost all fields of social interaction. While the level of the course will be introductory, and mathematical prerequisites are minimal, the presentation of the material will rely on precise logical arguments. This course should be of interest to students from any part of the University.
Upon successful completion, students will have the knowledge and skills to:
- Demonstrate an understanding of how game theorists approach a strategic problem.
- Demonstrate an understanding of the tools taught in class and be able to recognise their application to the analysis of real world situations.
- Recognise the strategic issues in a problem and demonstrate an understanding of how a game theorist might decide on the appropriate tools to analyse it.
- Assessment will involve a combination of quizzes, Problem Sets, a midterm examination, a final examination and online and in-class questions, where not all of these components may be used in any given semester. The exams may also include a range of question types: short answers, definitional questions, analytical problems and essays. (100) [LO null]
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130 hours in total over the semester consisting of lectures, tutorials and private study time
Requisite and Incompatibility
See Class Summary
Prior acquaintance with economic modeling is helpful, but is not a requirement for the course.
Tuition fees are for the academic year indicated at the top of the page.
Commonwealth Support (CSP) Students
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|Class number||Class start date||Last day to enrol||Census date||Class end date||Mode Of Delivery||Class Summary|
|7040||24 Jul 2023||31 Jul 2023||31 Aug 2023||27 Oct 2023||In Person||N/A|