An Introduction to Game Theory
An Ashoka University online course for high-school students.
About The Course
Game theory is the study of strategic decision making. It acquires relevance whenever multiple individuals are involved in a decision. Strategic thinking then acquires relevance. Individual decisions cannot be made without careful consideration of others’ actions. Game theory offers a framework for analyzing such decisions. We will study the fundamentals of game theory using examples and illustrations. Game theory has found its most widespread use in economics. But other disciplines like political science and biology also apply game theoretic thinking. We will consider some such applications. A profound implication of game theory is that despite best efforts, a society or a group of people can get trapped in a harmful outcome. Examples of such detrimental consequences include environmental pollution, arms race between countries and harmful price competition between firms. We will try to understand why such paradoxes emerge and attempt to understand how to overcome them.
Apply for Horizons Summer 2022
Learning Support for the Course
“Mahima Mukhija is Ph.D. candidate at Ashoka University. She received her masters in economics in 2019 from the Delhi School of Economics. Her primary research interest is in Applied Microeconomics, particularly Economics of Information and Behavioral Economics.
She was a teaching assistant for Foundational Game Theory course for economics masters students (2022-2023 batch) at Ashoka University. Her love for economics, learning new things and sharing knowledge with students keeps her motivated and energetic everyday. In her free time, she likes to watch shows, listen to music and sing along.”