S0717 Dispute Resolution

The purpose of this course is to provide students with a sound understanding of the main theories underlying the search for equity or fairness in a dispute. This knowledge is used to set up and solve typical negotiations or bargaining problems arising in business and economics. The necessary skills are developed by working out common applications and examples in typical setups. The examples range from the Bible to Wall Street, and are often inspired by the news.
The target audience includes any undergraduate student with a serious interest about negotiation, bargaining, fair division, and equity. The course has a theoretical bent, so it is short on case studies and does not eschew formal arguments.

Prerequisites: you are expected to have completed one year of college mathematics, or otherwise being able to differentiate the common functions, compute the expected value of a random variable,
and solve small systems of linear equations. A previous exposure to some game theory
should be helpful.