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Title
2241 Game Theory
Instructors
Univ.Prof. Alexander Mürmann, Ph.D., Prof. Lawrence Blume, Ph.D.
Type
PI
Weekly hours
2
Language of instruction
Englisch
Registration
09/01/23 to 09/30/23
Registration via LPIS
Notes to the course
Subject(s) Doctoral/PhD Programs
Elective Asset Pricing
Elective Corporate Finance
Elective Quantitative Methods
Research Methods
Methodology and Theory
Dates
Day Date Time Room
Monday 10/16/23 09:00 AM - 12:00 PM D4.0.019
Wednesday 10/18/23 09:00 AM - 12:00 PM D4.0.019
Thursday 10/19/23 09:00 AM - 12:00 PM D4.0.019
Monday 10/23/23 09:00 AM - 12:00 PM D4.0.019
Tuesday 10/24/23 09:00 AM - 12:00 PM D4.4.008
Wednesday 10/25/23 09:00 AM - 12:00 PM D4.0.019
Tuesday 10/31/23 09:00 AM - 12:00 PM D4.0.019
Thursday 11/02/23 09:00 AM - 12:00 PM D4.0.019

On this page:

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Contents

1. Introduction: What is a game? Simple examples, basic assumptions.

2. Games in Extensive Form: Perfect and imperfect Information, the tree, strategies (pure, mixed,and behavioral strategies), perfect recall (Kuhn’s theorem), Bayesian games (incompleteinformation).

3. Games in Normal Form: Normal form games, Thompson transformation, the space of games.

4. Solving Games: Dominance (weak and strict dominance), rationalizable strategies, Nashequilibrium, zero-sum games, correlated equilibrium.

5. Applications: Oligopoly (Cournot, Bertrand, differentiated commodities), repeated games,mechanism design, principal-agent problems, signaling, adverse selection and moral hazard,auctions.

Syllabus

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Learning outcomes
The goal is to introduce the basic concepts from game theory, both intuitively and at a formal level. Furthermore, important applications of game theory to economic problems will be discussed.
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Teaching/learning method(s)

Lecture and homework assignments to be discussed in class.

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Readings

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Recommended previous knowledge and skills

Knowledge of microeconomics.

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Availability of lecturer(s)

e-mail

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Other

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Last edited: 2023-09-13