Syllabus

Title
0667 Y2CO Game Theory
Instructors
Dr. Hannelore De Silva
Contact details
hannelore.desilva@wu.ac.at
Type
PI
Weekly hours
2
Language of instruction
Englisch
Registration
09/03/18 to 09/28/18
Registration via LPIS
Notes to the course
Subject(s) Master Programs
Game Theory
Dates
Day Date Time Room
Tuesday 10/02/18 08:00 AM - 12:00 PM D3.0.225
Tuesday 10/09/18 08:00 AM - 12:00 PM D3.0.225
Tuesday 10/16/18 08:00 AM - 12:00 PM TC.1.02
Tuesday 10/23/18 08:00 AM - 12:00 PM TC.1.02
Tuesday 10/30/18 08:00 AM - 12:00 PM TC.1.01 OeNB
Tuesday 11/06/18 10:00 AM - 02:00 PM TC.0.01 ERSTE
Tuesday 11/13/18 08:30 AM - 10:30 AM TC.0.02 Red Bull

On this page:

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Contents

This is an introduction to game theory and its applications. For more information on the units of the course see https://learn.wu.ac.at/vvz/18w/0667

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Learning outcomes

After completing this class the students will have the ability to

  • recognize strategic problems
  • model those strategic problems as games
  • analyze these games using the methods and tools of game theory
  • find and interpret the equilibria of these games
  • formulate a concise assessment of the strategic problem and its possible solution in game-theoretic terms
  • translate these terms into policy recommendations for efficient ways of handling or even solving the underlying strategic problem.
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Attendance requirements

Attendance is mandatory (5/6).

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Teaching/learning method(s)

In this course, the theoretical background of game theory will be accompanied by applications and mini cases, which should help to understand the concepts and key ideas of game theory. Students will prepare short presentations as well as homework assignments. At the beginning of units, short tests cover the topics of the last lectures. In the last unit, there will be the final written exam.

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Assessment
  • 40% final written exam
  • 40% class participation (short tests, mini cases, presentations)
  • 20% home assignment

 

To receive a pass grade, a positive result on each element (final written exam, class participation, home assignment) is necessary. 

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Prerequisites for participation and waiting lists
Successful completion of the classes Mathematics I, Financial Markets and Instruments, Probability, and Microeconomics
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Readings
1 Author: Prajit K. Dutta
Title:

Strategies and Games

Publisher: MIT Press
Year: 1999
Content relevant for class examination: No
Content relevant for diploma examination: No
Recommendation: Reference literature
Type: Book
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Availability of lecturer(s)

E-Mail: Hannelore.desilva@wu.ac.at

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Unit details
Unit Date Contents
1

strategic form games, dominant strategies, Nash equilibrium
2

mixed strategies, Cournot duopoly, monopolies
3

extensive form games, backward induction, subgame perfect equilibrium
4

infinitely repeated games, applications
5

Moral hazard and incentives theory, games with incomplete information
6

mechanism design, auctions, signaling games
7 written final exam
Last edited: 2018-08-24



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