Course Description

As various structural reforms are on-going in Japan, it is very important to understand the economic role of law and institution. We study the basic game theory and economic theory of information to study the economic analysis of law and institution. In the course of seminarⅠ, we mainly study the basic game theory i.e. competition and cooperation, oligopoly, Bayesian game, repeat game, 2nd stage game, reputation, negotiation etc.