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🎱Game Theory
Key Terms

140 essential vocabulary terms and definitions to know for your Game Theory exam

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B

Bargaining Power
Battle of the Sexes
Bayesian Incentive Compatibility
Bayesian inference
Bayesian Nash Equilibrium
Bertrand Competition
Best response dynamics
Bid shading
Bidder participation
Bidder valuations
Brouwer's Fixed-Point Theorem

C

Centipede Game
Cheap talk games
Coalitional Game Theory
Cognitive Hierarchy Theory
Collective Action
Colonel Blotto Game
Combinatorial Auctions
Combinatorial Clock Auction
Common knowledge
Common Value Auction
Common Values
Complete information
Convergence properties
Cooperative Equilibrium
Cooperative Game
Cooperative Game Theory
Coordination Failures
Coordination Game
Core of a coalition game
Correlated equilibria
Costly signaling
Costly signals
Counterfactual regret minimization
Cournot Competition
Cournot Duopoly
Crawford-Sobel Model
Cyclic dominance

D

Downsian model

F

Fair Division
Fairness
Fictitious play
First-mover advantage
Fitness Landscape

G

Generalized Geography
Generous tit-for-tat
Gibbard-Satterthwaite Theorem
Government procurement auctions
Govindan-Wilson Algorithm
Grim trigger
Grim trigger strategy
Groves Mechanism

H

Harsanyi-Selten Criterion
Hawk-dove game
Herding behavior
Hidden Actions

I

Illusion of control
Independence of irrelevant alternatives
Inequality aversion
Information Cascades
Information Diffusion
Iterated elimination of dominated strategies
Iterated Prisoner's Dilemma
Iterative Elimination

J

John Harsanyi
John Maynard Smith
John Nash
John von Neumann

L

Lemke-Howson Algorithm
Leonid Hurwicz
Level-k thinking models
Limit Pricing
Loss aversion

M

Majority rule
Market Entry Games