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Game Theory and Economics

Game Theory and Economics. Instructor: Dr. Debarshi Das, Department of Humanities and Social Sciences, IIT Guwahati. The aim of the course is to provide an introduction to the study of game theory which has found wide applications in economics, political science, sociology, engineering apart from disciplines like mathematics and biology. The course would introduce to the fundamental tools of game theory, a few equilibrium concepts, apart from numerous exercises and applications. Knowledge of game theory would help students to understand and analyse real life situations such as market behaviour or voting in elections, apart from equipping them with analytical concepts which might be useful should they decide to pursue social sciences, engineering, sciences or managerial higher studies. (from nptel.ac.in)

Lecture 19 - Different Aspects of Hotelling Model

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Introduction to Game Theory

Lecture 01 - Definition of Game Theory and Rational Choice

Lecture 02 - Interacting Decision Makers

Strategic Games and Nash Equilibrium

Lecture 03 - Strategic Games: Examples

Lecture 04 - Matching Pennies, Stag Hunt and Nash Equilibrium

Lecture 05 - Examples of Nash Equilibrium

Lecture 06 - Altruism and Prisoner's Dilemma

Lecture 07 - Variants of Stag Hunt Game, Hawk Dove and Coordination Game

Lecture 08 - Public Good Provision, Strict Nash Equilibrium

Lecture 09 - Best Response Functions

Lecture 10 - Strictly and Weakly Dominated Actions

Lecture 11 - Application of Weak Domination: Voting

Lecture 12 - Symmetric Game and Symmetric Equilibrium

Illustrations of Nash Equilibrium

Lecture 13 - Cournot Model of Oligopoly

Lecture 14 - Different Aspects of Cournot Model

Lecture 15 - Further Aspects of Cournot Model

Lecture 16 - Cournot and Bertrand Models

Lecture 17 - Different Aspects of Bertrand Model

Lecture 18 - Electoral Competition

Lecture 19 - Different Aspects of Hotelling Model

Lecture 20 - Hotelling Model: Concluding Remarks

Lecture 21 - War of Attrition

Lecture 22 - Auction: Second Price Sealed Bid

Lecture 23 - Further Aspects of Second Price Auction

Lecture 24 - First Price Auction

Lecture 25 - All Pay Auction, Multi Unit Auction

Lecture 26 - Accident Laws

Mixed Strategy Nash Equilibrium

Lecture 27 - Mixed Strategy Nash Equilibrium: Introduction

Lecture 28 - Mixed Strategy, Mixed Strategy Equilibrium

Lecture 29 - Mixed Strategy Equilibrium: Concepts and Examples

Lecture 30 - Characterisation of Mixed Strategy Equilibrium

Lecture 31 - Dominated Actions and Iterated Elimination

Lecture 32 - Rationalizability and Beliefs

Extensive Games and Nash Equilibrium

Lecture 33 - Extensive Games: Introduction

Lecture 34 - Strategy and Equilibrium

Lecture 35 - Nash Equilibrium and its Problems

Lecture 36 - Subgame Perfect Nash Equilibrium

Lecture 37 - Backward Induction

Lecture 38 - Backward Induction: Exercises

Illustration of Extensive Games and Nash Equilibrium

Lecture 39 - Ultimatum Game

Lecture 40 - Stackelberg Duopoly Model