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Nov 29, 2024
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ECO 172 - Economic Perspectives on Games and Social InteractionsSemester Hours: 3
Periodically
The course focuses on the economic analysis of interactive processes by which individual decisions contribute to the emergence of collective outcomes. Building upon a thorough study of rationality as a property of individual and collective choices, the course introduces students to basic concepts in classical game theory and its economic applications, and to models of social interactions wherein individual behavior shapes the social environment and responds to it. Topics covered include social learning in technology and financial markets, adverse selection phenomena, and evolutionary methods in the analysis of games and social interactions.
Prerequisite(s)/Course Notes:
ECO 2 . (Formerly Seminar: Economic Theory.)
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