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Economics 431 Lecture Notes

- Lecture 3 (M 1/22)
*Dominated Strategies; Iterated Elimination of Dominated Strategies; Dominant Strategy Solutions*

Available at Harvill Copy Center
- Lecture 4 (W 1/24)
*Players' Beliefs about Other Players' Actions; Best Response; Nash Equilibrium*

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- Lecture 5 (M 1/29)
*Auctions: History, Contemporary Auctions,
Six Auctions Conducted in Class*

Available here
- Lecture 6 (W 1/31)
*Using Game Theory to Analyze Auctions: The Second-Price Auction*

Available here
- Lecture 7 (M 2/5)
*First-Price Sealed Bid Auctions; Multiple Nash Equilibria*

Available here
- Lecture 8 (W 2/7)
*Using Game Theory to Analyze an Oligopolistic Market: The Cournot
Model*

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- Lecture 9 (M 2/12)
*Is Nash Equilibrium a Good Prediction?*

Available here
- Lecture 10 (W 2/14)
*Common Resources*

Available here
- Lecture 11 (M 2/19)
*Dutta's "Commons" Example*

Available here
- Lecture 12 (W 2/21)
*First Midterm Exam*
- Lecture 13 (M 2/23)
*Winner-Take-All Matches in the Lab*
- Lecture 14 (W 2/28)
*First Lecture on Mixed Strategies*

Available here
- Lecture 15 (M 3/5)
*Second Lecture on Mixed Strategies*

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- Lecture 16 (W 3/7)
*Third Lecture on Mixed Strategies*

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- Lecture 18 (W 3/21)
*More on Mixed Strategies*

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- Lecture 19 (M 3/26)
*First Lecture on Decision Theory*

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- Lecture 20 (W 3/28)
*Second Lecture on Decision Theory*

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- Lecture 21 (M 4/2)
*Third Lecture on Decision Theory*

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- Lecture 23 (M 4/9)
*Decision-Making Under Uncertainty: Utility Theory*

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- Lecture 24 (W 4/11)
*Extensive Form Games: An Example (The Game of Nim)*

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- Lecture 25 (M 4/16)
*A Simple Poker Game*

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- Lecture 26 (W 4/18)
*Second Midterm Exam*
- Lecture 27 (M 4/23)
*Games of Perfect Information. The Effect of Commitment.*

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- Lecture 28 (W 4/25)
*Moral Hazard and Principal-and-Agent Situations*

- Lecture 29 (M 4/30)
*Course Evaluations and Interactive Focus Group*

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