Grading Scheme: Letter Grade

Introduces modern game theory, including the formal theory of Nash equilibrium and solutions techniques. Applications include strategic barriers of entry; cooperative behavior in oligopoly, auctions and bidding strategies; and durable goods sales.

Prerequisite: ECO 2023 and (MAC 2233 or MAC 2234 or MAC 2311 or MAC 2312 or MAC 2313) and (ECO 3101 or ECP 3703).