Introduction
Static Games of Complete Information
Games
Introduction
Some Strategic Situations
End of Skyjacking
Data: Airline_Hijakings.csv
A Game
Prisoner's Dilemma
Empirical Analysis: Friend or Foe using R
Data: Library Ecdat, FriendFoe
Lecture: Friend or Foe
Discussion and Further Reading
Nash Equilibrium
Introduction
What is a Nash Equilibrium?
Nash Equilibrium
Entry Games
Empirical Analysis: Tire Markets using R
Lecture: Prices of Retail Tires
Discussion and Further Reading
Oligopoly
Introduction
Cournot Model
Bertrand's Model
Hotelling's Model
Empirical Analysis: Hamburger Competition with R
Data: outlet_cpa.csv
Lecture: Hamburger Competition
Discussion and Further Reading
Empirical Entry Games
Introduction
Empirical Model
Empirical Analysis: Bookstore Entry with R
Data: bn_entry.csv
Data: book_2000.csv
Additional functions: book_functions.R
Policy Analysis using R
Discussion and Further Reading
Adams and Basker (2025) Battle of the Big Box Bookstores
Mixed Strategies
Introduction
Zero-Sum Games
Rock-Paper-Scissors
Empirical Analysis: Penalty Kicks using R
Data: penalty_data.csv
Additional functions: book_functions.R
Lecture: Penalty Kicks
Multiple Equilibria
Empirical Analysis: Bookstore Entry with MSNE using R
Discussion and Further Reading
Dynamic Games of Complete Information
Dynamic Games
Introduction
Extensive Form
Subgame Perfection
Empirical Analysis: Bookstore Entry with Subgame Perfection in R
Additional functions: book_functions.R
Discussion and Further Reading
Repeated Games
Introduction
Repeated Prisoner's Dilemma
Bertrand Competition
Empirical Analysis: Retail Gasoline Pricing using R
Data: perth_gas_data_2008.csv
Note that this data set is smaller than the original. It doesn't include all the columns and it is only for 2008.
Lecture: Perth Gas Prices
Repeated Oligopoly
Empirical Analysis: Collusion in Perth Gas Stations using R
Data: perth_gas_data_week.csv
Discussion and Further Reading
Bargaining
Introduction
Ultimatum Game
Empirical Analysis: Ultimatum Game in India using R
Data: 20100982_DATA.dta
Two Period Alternating Offers Game
Infinite Alternating Offers Game
Nash Bargaining Model
Modeling Hospital Competition and Pricing
Empirical Analysis: Hospital Competition with R
Data: hospitals.csv
Data: hospitals3.csv
Discussion and Further Reading
The ultimatum game data is from Andersen et al (2011).
Static Games of Incomplete Information
Bayesian Nash Equilibrium
Introduction
A Bayesian Game
Empirical Entry Game
Empirical Analysis: Mega Bookstore Entry (Again) using R
Additional functions: book_functions.R
Discussion and Further Reading
Auctions
Introduction
Sealed Bid Auctions
English Auctions
Empirical Analysis: Testing the Rationality of Loggers using R
Data: auctions.csv
Empirical Analysis: Testing for Collusion using R
Discussion and Further Reading
Auctions with Affiliated Valuations
Introduction
Auctions with Common Values
Empirical Analysis: Signal Distribution from OCS Auctions using R
Data: book_ocs_ch11.csv
Auctions with Coalitions
Discussion and Further Reading
Dynamic Games of Incomplete Information
Moral Hazard
Introduction
Principal-Agent Game
Empirical Analysis: Whaling Corporations in the 19th Century using R
Data: whaling.csv
Discussion and Further Reading
Adverse Selection
Introduction
Akerlof's Lemons
Insurance
Empirical Analysis: Health Insurance using R
Data: meps_full.csv
Discussion and Further Reading