Syllabus

Title
1874 Game Theory (Applied Track)
Instructors
Dr. Peter Bednarik
Contact details
  • Type
    PI
  • Weekly hours
    2
  • Language of instruction
    Englisch
Registration
11/20/19 to 11/29/19
Registration via LPIS
Notes to the course
Subject(s) Master Programs
Dates
Day Date Time Room
Monday 12/02/19 10:00 AM - 12:00 PM D5.1.002
Wednesday 12/04/19 10:00 AM - 12:00 PM D4.0.144
Monday 12/09/19 10:00 AM - 12:00 PM D5.1.002
Wednesday 12/11/19 10:00 AM - 12:00 PM D4.0.144
Monday 12/16/19 10:00 AM - 12:00 PM D5.1.002
Wednesday 12/18/19 10:00 AM - 12:00 PM D4.0.144
Monday 01/13/20 10:00 AM - 12:00 PM D5.1.002
Wednesday 01/15/20 10:00 AM - 12:00 PM D4.0.144
Monday 01/20/20 10:00 AM - 12:00 PM D5.1.002
Wednesday 01/22/20 10:00 AM - 12:00 PM D4.0.144
Monday 01/27/20 10:00 AM - 12:00 PM D5.1.002
Thursday 01/30/20 08:00 AM - 10:00 AM TC.0.01 ERSTE

Contents

Noncooperative game theory: rationality, dominance, Nash equilibrium, static games, dynamic games, repeated games, games of incomplete information.

Learning outcomes

Students can describe what game theory is, how it emerged and where it can be applied. Students understand the problems that arise when going from optimization (singe-player games) to strategic interaction (proper games). They master the methods required to analyze static and dynamic games and are capable of computing and interpreting equilibria in simple games. Students are able to identify game theoretic problems from social and economic life. They can apply learned methods to understand incentives and strategic motives of players.

Attendance requirements

Since students are regularly asked to present home exercsises during the lecture, attendance is required.

Teaching/learning method(s)

The lectures will be divided into two (roughly) equal parts: in the first part, students present their solution to the home exercise. In the second part the lecturer presents material using powerpoint slides which will be made available to students. At the end of the semester there will be a written exam. The basis for the final exam consists of the powerpoint slides and the exercise sheets.

Assessment

The final mark consists of three parts: (A) points from comments and and questions during the lecure, (B) home exercises, and (C) final exam. The approximate weighting of the final mark will be 10% A, 20% B and 70% C. The percentage points required for marks 4,3,2, and 1 are 50.1%, 62.5%, 75.0%, and 87.5%. A positive result on the final exam is required to pass.

Recommended previous knowledge and skills

Basic experience in mathematics and formal reasoning is required.

Last edited: 2019-04-09



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