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DECO 25A02 - Behavioral Game Theory

Type d'enseignement : Seminar

Semester : Autumn 2018-2019

Number of hours : 24

Language of tuition : English

Pre-requisite

aucun

Course Description

Game Theory is a formal language to describe situations in which each player's decision affects the payoff of the other players. Games are widely used to represent and analyse a broad range of economic, social and political interactions involving individuals, firms, nations, political parties, etc. Recently, the development of experiments in economics has enriched the theory by allowing to study what players actually do in controlled environments. First, the objective of the class is to present key concepts of Game Theory, and apply them to solve several real-life economic examples. Next, we will discuss findings from existing experiments and use them to build a Behavioral Game Theory.

Teachers

HAGENBACH, Jeanne (Chargée de recherche)

Course validation

The final grade of the course will made-up of two grades: one given at one (or two) short term mid-term exam(s); one given at a final exam.

Required reading

  • Games of Strategy, Avinash Dixit and Susan Skeath, New York : WW Norton.
  • Behavioral Game Theory, Colin F. Camerer, Princeton University Press.