Econometrics of Strategy and Information

Korea University

Course Description

  • Course Name

    Econometrics of Strategy and Information

  • Host University

    Korea University

  • Location

    Seoul, South Korea

  • Area of Study

    Economics, International Relations

  • Language Level

    Taught In English

  • Prerequisites

    Students are required to take ECON205 before they can register for this class.

  • Course Level Recommendations

    Upper

    ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.

    Hours & Credits

  • Credits

    3
  • Recommended U.S. Semester Credits
    3
  • Recommended U.S. Quarter Units
    4
  • Overview

    Course Description and Scope
    Game theory studies strategic interactions between players in which each player?s payoff depends not only on the player?s own action, but also on other players? choices. Game theory is now a standard analytical tool in economics, other social sciences and even sciences. This course covers static games with complete information, dynamic games with complete information, static games with incomplete information, and dynamic games with incomplete information. In addition, the course introduces moral hazard and adverse selection models.

    References
    Gibbons Game theory for applied economists
    Osborne An introduction to game theory Macho-Stadler
    Pérez-Castrillo An introduction to the economics of information

Course Disclaimer

Courses and course hours of instruction are subject to change.

Credits earned vary according to the policies of the students' home institutions. According to ISA policy and possible visa requirements, students must maintain full-time enrollment status, as determined by their home institutions, for the duration of the program.

Please reference fall and spring course lists as not all courses are taught during both semesters.

Availability of courses is based on enrollment numbers. All students should seek pre-approval for alternate courses in the event of last minute class cancellations

Please note that some courses with locals have recommended prerequisite courses. It is the student's responsibility to consult any recommended prerequisites prior to enrolling in their course.