Useful Links
Mathematics
Game Theory
Advanced Concepts
Repeated Games
Definition and Characteristics
Infinite Horizon vs. Finite Horizon
Strategies in Repeated Games
Discounted Repeated Games
Discount Factor
Present Value of Payoffs
Implications of Low vs. High Discounting
Folk Theorems
Conditions for the Theorem
Implications for Cooperation and Defection
Applications and Examples
Evolutionary Game Theory
Foundations and Principles
Darwinian Evolutionary Perspective
Population Dynamics
Evolutionarily Stable Strategies (ESS)
Definition and Properties
Stability Analysis
Examples in Natural and Human Systems
Replicator Dynamics
Basic Equations
Equilibrium States
Applications in Biology and Economics
Mechanism Design
Fundamental Concepts
Reverse Game Theory
Social Choice Functions
Incentive Compatibility
Types: Ex-ante, Interim, Ex-post
Incentive-Compatible Mechanisms
Applications in Auction and Voting Design
Revelation Principle
Truthful Reporting
Direct Revelation Mechanisms
Limitations and Extensions
Auction Theory
Types of Auctions
English Auction
Dutch Auction
First-Price Sealed-Bid Auction
Second-Price (Vickrey) Auction
Bidding Strategies
Strategic Equilibrium Bidding
Risk Aversion and Bid Adjustments
Revenue Equivalence
The Revenue Equivalence Theorem
Assumptions and Contexts
Deviations from Equivalence and Their Causes
Complex Auction Formats
Combinatorial Auctions
Multi-Unit Auctions
Spectrum Auctions and Their Unique Challenges
4. Important Game Theoretical Models
First Page
6. Applications of Game Theory