Research in economics at the Faculty focuses on game theory – the analysis of situations involving interactions between a number of decision makers (e.g., firms competing for business, buyers taking part in a tender, countries negotiating for international trade contracts, parties sharing joint investments, etc.). Fundamental to such research is mathematical modeling of the situation, which entails determining the basic assumptions according to which the various decision makers operate. Mathematical tools are then used to predict the outcome of the interaction.
The individual specializations in this field are:
- Density games (for modeling transportation and communication networks)
- Games with incomplete information
- Computability and games
You can find more information on our Game Theory research here