Differentiate between types of games and their uses in strategic thinking.Contrast the approaches and predictions of standard economic versus behavioural models.

This course work accounts for 75% of the module mark and covers the following learning outcomes:

1 Examine the relevance and position of game theory in economic research.

2 Differentiate between types of games and their uses in strategic thinking.

3 Analyse different games and use a variety of tools to find equilibrium.

4 Contrast the approaches and predictions of standard economic versus behavioural models.

5 Understand the underlying structures driving human behaviour in economic situations.

6 Appraise appropriate methods to identify and study observed behavioural phenomena.

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