Analytical Methods - Folge 2: Game Theory LMU Analytical Methods for Lawyers - Lehrstuhl für Bürgerliches Recht, Deutsches, Europ. und Int. Unternehmensrecht

Game Theory - Decision theory vs. game theory; A typical legal application of game theory; Some applications of game theory in legal settings; Representation of games; Normal-form games; The prisoner's dilemma; Prisoner's dilemma in litigation; Solution concepts for the prisoner's dilemma; Discoordination game: Matching pennies; A clever takeover bid; Dominant strategy equilibrium; Iterated games; The iterated prisoner's dilemma; Social benefits or social losses?; Achieving the cooperative outcome; N-person prisoner's dilemmata and common goods; Coordination games; Extensive-form games; The ultimatum game.