Syllabus

Title
0618 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
09/02/19 to 09/22/19
Registration via LPIS
Notes to the course
Subject(s) Master Programs
Game Theory
Dates
Day Date Time Room
Tuesday 10/01/19 09:00 AM - 01:00 PM TC.5.27
Tuesday 10/08/19 09:00 AM - 01:00 PM TC.5.27
Tuesday 10/22/19 09:00 AM - 01:00 PM TC.5.27
Thursday 10/24/19 11:00 AM - 02:00 PM TC.0.02 Red Bull
Tuesday 10/29/19 09:00 AM - 01:00 PM TC.5.27
Tuesday 11/05/19 09:00 AM - 01:00 PM TC.5.27
Tuesday 11/12/19 09:00 AM - 11:00 AM TC.0.01 ERSTE

On this page:

to top
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/19w/0618

to top
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.
to top
Attendance requirements

Attendance is mandatory (5/6).

to top
Teaching/learning method(s)

The teaching method is an interactive style. We will have some parts with frontal lecture but many parts with interactive participation of students via examples and exercises.

to top
Assessment

The final grade will be determined by:

test 1: 40 %

test 2: 40 %

and test 3 which is optional and replaces one of the former tests. 

homework 20 % .

 

In addition, bonus points can be obtained through active class participation which will be added after reaching 60 % (60 points) with the criteria mentioned above.

 

> 90 % = 1
90 - 80 % = 2
80 % - 70 % = 3
70 % - 60 % = 4
< 60 % fail.

to top
Prerequisites for participation and waiting lists
Successful completion of the classes Mathematics I, Financial Markets and Instruments, Probability, and Microeconomics
to top
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
to top
Availability of lecturer(s)

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

to top
Unit details
Unit Date Contents
1

strategic form games, dominant strategies, Nash equilibrium
2

mixed strategies, Cournot duopoly, monopolies
3

homework due, extensive form games, backward induction, subgame perfect equilibrium
4

test 1, infinitely repeated games, applications
5

moral hazard and incentives theory, games with incomplete information
6

mechanism design, auctions, signaling games
7

test 2
Last edited: 2019-06-05



Back