Prerequisites Basic familiarity with calculus, linear algebra and probability. See also Undergraduate Handbook entry . There will be a formal 2-hour examination in the Summer term. Details will be posted here in due course. Textbook see reading list .
Game theory studies formal models of conflict and cooperation.
The theory started with questions like how to play optimally in chess or poker. The resulting mathematical approaches have been further developed such that they now form a cornerstone of mathematical economics. Overview MA301 is an introduction to game theory. This is not identical to monetary interest, but can be anything subjectively desirable. Mathematically, this is modeled by a utility function .