TOC

Introduction

Static Games of Complete Information

1. Games

   1. Introduction

   2. Some Strategic Situations

   3. End of Skyjacking

      1. Data: Airline_Hijakings.csv 

   4. A Game

   5. Prisoner's Dilemma

   6. Empirical Analysis: Friend or Foe using R

      1. Data: Library Ecdat, FriendFoe

      2. Lecture:  Friend or Foe

   7. Discussion and Further Reading

2. Nash Equilibrium

   1. Introduction

   2. What is a Nash Equilibrium?

   3. Nash Equilibrium

   4. Entry Games

   5. Empirical Analysis: Tire Markets using R

      1. Data: BresnahanAndReiss1991_DATA.csv

      2. Lecture: Prices of Retail Tires

   6. Discussion and Further Reading

3. Oligopoly

   1. Introduction

   2. Cournot Model

   3. Bertrand's Model

   4. Hotelling's Model

   5. Empirical Analysis: Hamburger Competition with R

      1. Data: outlet_cpa.csv

      2. Lecture: Hamburger Competition

   6. Discussion and Further Reading

4. Empirical Entry Games

   1. Introduction

   2. Empirical Model

   3. Empirical Analysis: Bookstore Entry with R

      1. Data: bn_entry.csv

      2. Data: book_2000.csv

      3. Additional functions: book_functions.R

   4. Policy Analysis using R

   5. Discussion and Further Reading

      1. Adams and Basker (2025) Battle of the Big Box Bookstores

5. Mixed Strategies

   1. Introduction

   2. Zero-Sum Games

   3. Rock-Paper-Scissors

   4. Empirical Analysis: Penalty Kicks using R

      1. Data: penalty_data.csv

      2. Additional functions: book_functions.R

      3. Lecture: Penalty Kicks

   5. Multiple Equilibria

   6. Empirical Analysis: Bookstore Entry with MSNE using R

   7. Discussion and Further Reading

Dynamic Games of Complete Information

6. Dynamic Games

   1. Introduction

   2. Extensive Form

   3. Subgame Perfection

   4. Empirical Analysis: Bookstore Entry with Subgame Perfection in R

      1. Additional functions: book_functions.R

   5. Discussion and Further Reading

7. Repeated Games

   1. Introduction

   2. Repeated Prisoner's Dilemma

   3. Bertrand Competition

   4. Empirical Analysis: Retail Gasoline Pricing using R

      1. Data: perth_gas_data_2008.csv

         1. Note that this data set is smaller than the original. It doesn't include all the columns and it is only for 2008.

      2. Lecture: Perth Gas Prices

   5. Repeated Oligopoly

   6. Empirical Analysis: Collusion in Perth Gas Stations using R

      1. Data: perth_gas_data_week.csv

   7. Discussion and Further Reading

      1. Adams, 2025, Impact of Post and Hold Regulation on Retail Petroleum Prices

8. Bargaining

   1. Introduction

   2. Ultimatum Game

   3. Empirical Analysis: Ultimatum Game in India using R

      1. Data: 20100982_DATA.dta

   4. Two Period Alternating Offers Game

   5. Infinite Alternating Offers Game

   6. Nash Bargaining Model

   7. Modeling Hospital Competition and Pricing

   8. Empirical Analysis: Hospital Competition with R

      1. Data: hospitals.csv

      2. Data: hospitals3.csv

   9. Discussion and Further Reading

      1. The ultimatum game data is from Andersen et al (2011).

Static Games of Incomplete Information

9. Bayesian Nash Equilibrium

   1. Introduction

   2. A Bayesian Game

   3. Empirical Entry Game

   4. Empirical Analysis: Mega Bookstore Entry (Again) using R

      1. Additional functions: book_functions.R

   5. Discussion and Further Reading

10. Auctions

    1. Introduction

    2. Sealed Bid Auctions

    3. English Auctions

    4. Empirical Analysis: Testing the Rationality of Loggers using R

       1. Data: auctions.csv

    5. Empirical Analysis: Testing for Collusion using R

    6. Discussion and Further Reading

11. Auctions with Affiliated Valuations

    1. Introduction

    2. Auctions with Common Values

    3. Empirical Analysis: Signal Distribution from OCS Auctions using R

       1. Data: book_ocs_ch11.csv

    4. Auctions with Coalitions

    5. Discussion and Further Reading

Dynamic Games of Incomplete Information

12. Moral Hazard

    1. Introduction

    2. Principal-Agent Game

    3. Empirical Analysis: Whaling Corporations in the 19th Century using R

       1. Data: whaling.csv

    4. Discussion and Further Reading

13. Adverse Selection

    1. Introduction

    2. Akerlof's Lemons

    3. Insurance

    4. Empirical Analysis: Health Insurance using R

       1. Data: meps_full.csv

    5. Discussion and Further Reading