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Overview
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This introductory course explains how to analyze strategic situations using players, strategies, goals, and payoffs. It examines dominant strategies, collusion, prisoners’ dilemmas, and coordination problems to develop strategic thinking.
Syllabus
- Chapter 1. What Is Strategy?.
- Chapter 2. Strategy: Where Does It Apply?.
- Chapter 3. (Administrative Issues).
- Chapter 4. Elements of a Game: Strategies, Actions, Outcomes and Payoffs.
- Chapter 5. Strictly Dominant versus Strictly Dominated Strategies.
- Chapter 6. Contracts and Collusion.
- Chapter 7. The Failure of Collusion and Inefficient Outcomes: Prisoner's Dilemma.
- Chapter 8. Coordination Problems.
- Chapter 9. Lesson Recap.
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