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Introduction to Game Theory The course Introduction to Game Theory exposes the students to recent advances in game theory as they applied to economics and business. As an introductory course, the mathematical knowledge expected from the students is minimal, yet the theory is powerful in explaining many practical behaviors by individuals, households and firms, In the first part we will introduce Simultaneous Decision-making and the Normal Form Game. We will use various games to compare behavior of individuals and firms. We will learn about Nash Equilibrium, its advantages and disadvantages. We will explore the idea of strict dominance, and multiple Nash equilibria. We will talk about Coordination Game, the Battle of the Sexes game, the Zero-Sum Game, etc. Then we will move to Dynamic Interaction among individuals and firms, the so called Extensive Form Game and the Backward Induction Solution Mechanism. We will introduce Dynamic Models of Preemption and Strategic Commitment and discuss other models using the tools developed in game theory. Class meets in A 207 Wednesday, December 14, 2016: 5:30 p.m. – 7:30 p.m. Tuesday, December 20, 2016: 4:00 p.m. – 6:00 p.m. Thursday, December 22, 2016: 11:00 a.m. –1:00 p.m. Tuesday, January 10, 2017: 9:00 a.m. – 11:00 a.m. Wednesday, January 11, 2017: 2:30 p.m. – 4:30 p.m. Lecture and Examination Thursday, January 12, 2017: 9:00 a.m. – 11:00 a.m. Student Presentations