Contract, Agency and Game Theory: Exam ECTS: 7,5: Examination form: Home assignment - written product: Individual or group exam: Individual exam: Size of written product: Please see text below: There is no max., but you have 4 hours to work on your answer. 2. Game theory has branched out to encompass many other business disciplines. Game theory helps understand managers, investors, and other parties to rationally deal with economic consequences of financial reporting Agency theory: is a branch of game theory that studies the process of contracting between 2 or more persons Spaniel W, Game Theory 101 ([Createspace] 2015) Daniels B, When Agencies Go Nuclear: A Game Theoretic Approach To The Biggest Sticks In An Agency'S Arsenal (The George Washington Law Review 2012) 81 U. Chi. Game theory is the study of mathematical models of strategic interaction among rational decision-makers. 481 2014; Footnotes. 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