The goal of the course is to give students a solid background in Game Theory. Game theory provides a structured way to study strategic interactions and can be used to better understand business strategy, contracts, auctions, voting systems, crime, bargaining, and virtually any social interaction one can think of. At the end of the course students should be able to critically read and understand models proposed by economists to describe the above social interactions. Furthermore, students should be able to describe such social interactions as games.
Normal Form Games.
Extensive Form Games.
-Sequential Equilibrium and Extensive Form Perfection.
Applications with presentations of topics chosen by students.
|A. Mas-colell, M. Whinston, J.Green||Microeconomic Theory|
|van Damme||stability and perfection of nash equilibria||1996|
This course will be assessed with class presentations and a examination which spans all over the program and aims to test the understanding of the main concepts introduced. In the grading process, more enphasis will be given to the reasonings than to the exact calculations.
Students may obtain extra points throught lectures by active participation.