modification of the available theory is needed: we need to relax the assumption that the game starts in a given period. Under this …

This half-semester course discusses decision theory and topics in game theory. We present models of individual decision …, supermodularity, monotone comparative statics, background risk, game theory, rationalizability, iterated strict dominance multi …-stage games, sequential equilibrium, trembling-hand perfection, stability, signaling games, theory of auctions, global games …

common property rights into private property rights under the ITQ regime, is basically consistent with the economic theory of … ITQ's, though this part of the theory is often undercommunicated in the political rethorics. In the Icelandic case, the … theory of ITQ's also assumes that quota market prices will reflect the resource rent generated by the fisheries under an ITQ …