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|Meet Day||T/Th||10:10 AM - 11:30 AM||STARR|
|Review||F||10:10 AM - 11:30 AM||Land|
This course uses game theory to study strategic behavior in real-world situations. It develops theoretical concepts, such as incentives, threats and promises, and signaling, with application to a range of policy issues. Examples will be drawn from a wide variety of areas, such as marketing, labor bargaining, international negotiations, auction design, and voting behavior. This course will also explore how people actually behave in strategic settings through a series of participatory demonstrations. These experiments will help refine our understanding of economic behavior in the real world. Prior courses in microeconomics and mathematics are helpful but not required.
Auditors are not accepted. Students may receive credit for both API-303 and API-110 or API-112 only if API-303 is taken first.