Credit

3.00   (L-T-P:   3-0-0)

Department / Center / School / Unit

Economics

Course Objectives

This forms the second part of two-part game theory course intended for the masters program at IIT Delhi. After formalization of standard game theory models and some examples in game theory 1, in this course, we introduce concepts of cooperative game theory and advanced topics such as mechanism design and implementation theory. After studying this course the students are expected to be comfortable in reading the journal articles on game theory, mechanism design, and implementation theory and also develop fresh models to close the gaps in the existing literature or ideate problems in these fields.

Course Contents

This course primarily contains discussions on cooperative game theory, mechanism design and implementation theory.

Suggested References

[1] A. Mas-colell, M. D. Whinston and J. R. Green, Microeconomic Theory, OUP, 1996.
[2] T. Borgers, An Introduction to the Theory of Mechanism Design, OUP, 2015.
[3] Journal articles.