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Game theory basics
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Module 12
Synthesis and Application
1
Strategic Scenario Analysis: Players, Actions, Information, and Payoffs
Deconstruct a real-world strategic scenario to identify its players, actions, information, and payoffs.
2
The Free-Rider Problem: A Social Dilemma
Model a public goods game and identify the free-rider problem as an N-player social dilemma.
Braess's Paradox: When Adding Roads Worsens Traffic
Analyze Braess's paradox in traffic routing as a counter-intuitive example of coordination failure.
4
Modeling Complex Scenarios with Game Theory
Select and justify an appropriate game-theoretic model to analyze a given complex scenario.
5
Strategic Model Evaluation
Critically evaluate a model's assumptions and interpret its strategic implications for the original scenario.
End of course,
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Behavioral Game Theory and Bounded Rationality
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