Dynamic Game Theory
Full course description
The course will focus on non-cooperative games and on dynamic games in the following order: matrix and bimatrix games, repeated games, Stackelberg games, differential games, specific models of stochastic games, evolutionary games. These are games in which the players are acting as strategic decision makers, who cannot make binding agreements to achieve their goals. Instead, threats may be applied to establish stable outcomes. Besides, relations with population dynamics and with “learning” will be examined. Several examples will be taken from biological settings.
Desired Prior Knowledge: Students are expected to be familiar with basic concepts from linear algebra, calculus, Markov chains and differential equations.