Course: Differential Games and Applications to Environmental Economics

Professor: Benteng Zou

ECTS: 1

Aims & Objectives:

Introducing differential game, especially different equilibria definitions and with application to Environmental Economics. Some classical and influential economics models via differential games will be presented with focusing on the intuition, strategic choice and Modeling skills.

On completion of the course successful students will be able to:

Understand what are differential games, the differences among different
strategies and equilibria.

• Obtain the first knowledge about dynamic Nash equilibrium, the role of the information available to the players, and the concept of subgame perfectness.
• How are differential games applied in environmental economics— renewable and nonrenewable resources, pollution control, cooperative game, and so on.

Registration & Practical Information: soon available on Moodle.