Game Theory

The objective of the course is that students learn to recognize, model and analyze simple conflict situations through the methodological approach of game theory. The first part of the course is about competitive game analysis while the second makes a brief introduction to cooperative games. We use several economics examples to give an insight about the usefulness of game theory in this area.

At La Sabana, contact hours are calculated through a combination of lecture hours and outside activities (which can include workshops, fieldwork activities, guest lectures, and independent work), therefore contact hours may vary on syllabi. La Sabana awards credits based on the conversion - One Colombia Credit is the equivalent of 16 contact hours - therefore, the recommended U.S. credits are based on the contact hours assigned per course.

**Universities may opt to award additional credits for courses taken at La Sabana based on the total contact minutes in a course as students are enrolled in courses that meet for 60 minutes per contact hour versus the U.S. that only meet for 50 minutes per contact hour.**