These approaches differ on a cognitive dimension, the sophistication of players' mental models of others' decisions, which I will call strategic sophistication . The course will discuss theories that are helpful in thinking about this issue and examine their performance in the light of experimental evidence. The course will emphasize theory and empirical regularities rather than experimental methods, though some discussion of the methods used in experiments will be needed to interpret their results.
Students have two enrollment options.
There is no formal text. I have listed many more references than we can possibly discuss in the lectures. Simultaneous-move games a. Extensive-Form Games a. All federal and state copyrights reserved for all original material presented in this course through any medium.