ΠΑΙΓΝΙΑ, ΣΤΡΑΤΗΓΙΚΕΣ ΚΑΙ ΔΙΑΠΡΑΓΜΑΤΕΥΣΕΙΣ (GAMES, STRATEGIES AND NEGOTIATIONS)

ΚΩΝΣΤΑΝΤΙΝΟΣ ΡΟΥΜΑΝΙΑΣ

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In Games, Strategies and Negotiations we will examine core elements of Game Theory as a main tool of analysis of decisions under strategic interaction. That is when the actions of agents have an impact upon the welfare and actions of other agents. We will discuss the main solution notions of a game, and the predictions of how involved parties will act under strategic interaction.

We shall analyse the notion of Nash equilibrium and the ways it might be instructive to use it to predict strategic behaviour. We shall also discuss refinements of Nash equilibrium for dynamic games. We shall mostly discuss its explanatory power and situations under which Nash equilibrium might perform well as an explanatory tool, or even fail in real situations.

A significant part of our lectures will focus on laying bare which stage of a negotiation can be analysed by Game Theory, as well as how its basic predictions might be enriched or overturned when we examine richer and more complex aspects of a negotia

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