ECONGAMES: Monte-Carlo Game-Theory Toolkit

Game Theory Economics Simulation Strategic Behavior

Overview

Build a professional-grade Monte Carlo simulation toolkit for analyzing game-theoretic scenarios in economics. Implement strategies like Tit-for-Tat and Grim Trigger for repeated games such as the Prisoner’s Dilemma.

What You’ll Build

A pip-installable Python package with CLI that:

  • Simulates repeated 2-player normal-form games
  • Implements multiple classic strategies
  • Performs statistical analysis of outcomes
  • Provides insights into cooperation vs. competition dynamics

Key Skills Developed

  • Software Engineering: Strict type checking, 90% test coverage, CI/CD pipeline
  • Game Theory: Nash equilibria, strategic interactions, evolutionary dynamics
  • Statistics: Hypothesis testing, Monte Carlo methods, convergence analysis
  • Professional Tools: MyPy, Ruff, pytest, pre-commit hooks, GitHub Actions

Why This Project?

Game theory underlies many economic phenomena from price wars to environmental cooperation. This project gives you hands-on experience building research-grade simulation tools while enforcing professional software engineering standards.

Difficulty Level

⭐⭐⭐⭐⭐ Advanced

This is one of the most challenging projects, requiring:

  • Strong Python skills
  • Mathematical understanding
  • Rigorous testing discipline
  • Statistical analysis capabilities

Getting Started

  1. Use the template repository to create your own project
  2. Review the comprehensive project brief for detailed requirements
  3. Set up your development environment with make install-dev
  4. Start with the Week 2 milestone: Random vs Random simulation

Ready to master game theory through code? This project will push your software engineering skills to professional standards.

Technologies Used

Python 3.10+ NumPy/Pandas Game theory algorithms Monte Carlo simulation Statistical testing