Game Theory and Pandemics

By Sakshi Dhawan and Kritika Chakrabarti Game Theory Microeconomics is the study of the behaviour of individuals and firms, as well as their interactions with one another. In some ways, it is concerned with a maximisation of individual and firms’ payoffs. Certain foundations of microeconomics depend on a fundamental assumption when determining the payoffs between [...]

In Conversation with Dr. Arunava Sen: Fair and Lovely, Bankruptcy, and the World of Ideas

Professor Arunava Sen is a game theorist and specializes in Social Choice Theory, Mechanism Design, Voting and Auctions- the fascinating strategic side of the subject. Loved by his students, Prof. Sen has been teaching at ISI Delhi for more than 30 years. We encourage you to have a look at professor’s research here: https://www.isid.ac.in/~asen/index.html.This post has [...]

What Makes the Coronavirus a Catastrophe: Strategies, the Nash, and Beyond

By Riya Mathur, Shri Ram College of Commerce How much does Economics need to be about numerical estimates and overwhelming statistics and heavy scientific gibberish? If something like the Coronavirus affects national indicators just as much as it affects the everyday lives and mindsets of people, certainly there would be instances where the subject could [...]

In Conversation with Prof. Mukherjee Series: Regulatory Capture, Strategyproof Choices, and Cooperation

Professor Saptarshi Mukherjee is an associate professor at IIT Delhi. He works on mechanism design, social choice, game theory, bounded rationality and teaches microeconomics, game theory and mathematical economics.He received his PhD and graduated from ISI, Delhi Centre and was a post-doc fellow at the Universitat Autònoma de Barcelona, 2011-2013.For more details on this series, [...]

In Conversation with Prof. Mukherjee Series: Mechanism Design in Climate Change Treaties

Professor Saptarshi Mukherjee is an associate professor at IIT Delhi. He works on mechanism design, social choice, game theory, bounded rationality and teaches microeconomics, game theory and mathematical economics.He received his PhD and graduated from ISI, Delhi Centre and was a post-doc fellow at the Universitat Autònoma de Barcelona, 2011-2013.For more details on this series, [...]

In Conversation with Prof. Mukherjee Series: Introducing Game Theory, Social Choice Theory, and Mechanism Design

Professor Saptarshi Mukherjee is an associate professor at IIT Delhi. He works on mechanism design, social choice, game theory, bounded rationality and teaches microeconomics, game theory and mathematical economics. He received his PhD and graduated from ISI, Delhi Centre and was a post-doc fellow at the Universitat Autònoma de Barcelona, 2011-2013. For more details on [...]