Week

Day and Assignment

Day and Assignment

Tuesday

Thursday

1

1/18

Introduction

1/20

Production Possibilities Frontiers: All about Opportunity Cost: 1, 2

2

1/25

Schenk on Supply and Demand or McCain on Supply and Demand & Elasticity: Equilibrium, Taxes, Surpluses and Shortages: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11

1/27

An Introduction to Probability, Dutta-26

3

2/1

 More Probability and Expected Value

2/3

 Two First Looks: Applications and Theory

D-1&2

4

2/8

 Strategic Form Games and Dominant Strategies

2/10

Dominance Solvability,

5

2/15

 Nash Equilibrium
McCain on Nash Equilibrium

2/17

Using Gambit

6

2/22

 An Application: The Commons Problem

2/24*

Mixed Strategies
McCain on Mixed Strategies

7

2/29*

 Two Applications: Monopoly and Bankruptcy
McCain on Bankruptcy
D-9

3/2*

Midterm Exam

Spring Break

3/7

3/9

8

3/14

 Extensive Form Games

3/16

 An Application: R&D
McCain on R&D
D-12

9

3/21

 Subgame Perfect Equilibrium
McCain on Subgame P.E.

3/23

Repeated Games

10

3/28

 The NASDAQ Stock Market D-16

3/30

NASDAQ Again

11

4/4

  OPEC

4/6

OPEC Deja Vue

12

4/11

 Moral Hazard and Incentives: The Principal-Agent Problem, D-19 (Client and Lawyer)

4/13

Incomplete Information D-20 (Negotiations, Bargaining), DN-11

13

4/18

 Mechanism Design

4/20

Auctions
An essay on auctions

14

4/25

 Lemons
D-24

4/27

Review for Exam

Final Exam: May 9, Tuesday, 8:30 AM - 10:30 AM

*I’ll be at a conference on these dates.  There will either be substantive assignments or we will meet in cyber space. The exam will be on 3/2.