Universität Wien FIND

040827 UK Game Theory and Information Economics (MA) (2020S)

12.00 ECTS (6.00 SWS), SPL 4 - Wirtschaftswissenschaften
Prüfungsimmanente Lehrveranstaltung

There is a lecture held by me and a tutorial held by Philipp Peitler (email: philipp.peitler@univie.ac.at). The tutorials are practice sessions relating the material of my lecture. Practice sessions are held on Mondays, the lectures are on Tuesdays and Wednesdays.

Since we will discuss advanced topics, it is expected that you have taken an undergraduate game theory course. If this is not the case, we strongly advise you to take the bachelor's course first (040106 UK Entscheidungs- und Spieltheorie (BA) with Maarten Janssen).
Alternatively, you can prepare by studying chapters 2, 3, 5 and 7 from the book 'An Introduction to Game Theory' by Kokesen & Ok (2007).

In any case, try to solve the following problem set as a self assessment to see whether you are fit for this course.
https://www.dropbox.com/s/85j6nfgfey9zts1/game_theory_PS0_2019.pdf?dl=0
Moodle

An/Abmeldung

Hinweis: Ihr Anmeldezeitpunkt innerhalb der Frist hat keine Auswirkungen auf die Platzvergabe (kein "first come, first served").

Details

max. 50 Teilnehmer*innen
Sprache: Englisch

Lehrende

Termine (iCal) - nächster Termin ist mit N markiert

Montag 02.03. 13:15 - 14:45 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
Dienstag 03.03. 13:15 - 14:45 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
Mittwoch 04.03. 11:30 - 13:00 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Montag 09.03. 13:15 - 14:45 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
Dienstag 10.03. 13:15 - 14:45 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
Mittwoch 11.03. 11:30 - 13:00 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Montag 16.03. 13:15 - 14:45 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
Dienstag 17.03. 13:15 - 14:45 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
Mittwoch 18.03. 11:30 - 13:00 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Montag 23.03. 13:15 - 14:45 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
Dienstag 24.03. 13:15 - 14:45 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
Mittwoch 25.03. 11:30 - 13:00 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Montag 30.03. 13:15 - 14:45 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
Dienstag 31.03. 13:15 - 14:45 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
Mittwoch 01.04. 11:30 - 13:00 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Montag 20.04. 13:15 - 14:45 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
Dienstag 21.04. 13:15 - 14:45 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
Mittwoch 22.04. 11:30 - 13:00 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Montag 27.04. 13:15 - 14:45 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
Dienstag 28.04. 11:30 - 14:45 Hörsaal 17 Oskar-Morgenstern-Platz 1 2.Stock
Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
Mittwoch 29.04. 11:30 - 13:00 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Montag 04.05. 13:15 - 14:45 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
Dienstag 05.05. 13:15 - 14:45 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
Mittwoch 06.05. 11:30 - 13:00 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Donnerstag 07.05. 16:45 - 18:15 Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
Montag 11.05. 13:15 - 14:45 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
Dienstag 12.05. 13:15 - 14:45 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
Mittwoch 13.05. 11:30 - 13:00 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Donnerstag 14.05. 16:45 - 18:15 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Montag 18.05. 13:15 - 14:45 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
Montag 25.05. 13:15 - 14:45 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
Dienstag 26.05. 13:15 - 14:45 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
Mittwoch 27.05. 11:30 - 13:00 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Mittwoch 03.06. 11:30 - 13:00 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Montag 08.06. 13:15 - 14:45 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
Dienstag 09.06. 13:15 - 14:45 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
Mittwoch 10.06. 11:30 - 13:00 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Montag 15.06. 13:15 - 14:45 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
Dienstag 16.06. 13:15 - 14:45 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
Mittwoch 17.06. 11:30 - 13:00 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Montag 22.06. 13:15 - 14:45 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
Dienstag 23.06. 13:15 - 14:45 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
Mittwoch 24.06. 09:30 - 11:00 Digital
Montag 29.06. 13:15 - 14:45 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
Dienstag 30.06. 11:30 - 14:45 Hörsaal 15 Oskar-Morgenstern-Platz 1 2.Stock
Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß

Information

Ziele, Inhalte und Methode der Lehrveranstaltung

The objective of this course is to learn how to master game theory and how to apply it to modelling information. Game theory is the theory of making decisions when outcomes are influenced by others making decisions. Games will be played in class to help gain intuition. There will be real life examples (such as auctions, market entry, public good provision) but the main emphasis is on the methodology, the mathematics of strategic decision making. Information Economics brings in the aspects of how to make strategic choices when there is uncertainty.
Game theory topics we will be covering include
1. Utility, uncertainty, risk, decision making and rationality
2. Games, strategies and timing
3. Dominance, iterated dominance, rationalizability
4. Extensive form games with perfect information, backwards induction
5. Nash equilibrium
6. Subgame perfection, forward induction
7. Repeated games, folk theorem
8. Bayesian games
Information Economics topics we will be covering include
1. Moral hazard
2. Adverse selection

Art der Leistungskontrolle und erlaubte Hilfsmittel

There will be a midterm and a final exam. Each will count 35% of the grade, the remaining 30% will be the homeworks. There may also be a short written assignment over the easter break that counts as part of the homeworks. Some homeworks may be submitted in groups of two, other homeworks have to be worked on alone. The specific rules are described on each homework assignment sheet. No copying homeworks of others. If you only want a separate grade for the exercises, you need special permission from the vice dean of studies Robert Kunst. These students may not submit the homeworks in groups, will be given a shorter midterm and final exam. Their homeworks count 2/3 of the grade, the midterm and final only 1/3.

Mindestanforderungen und Beurteilungsmaßstab

In both exams you may use your hand written course notes. The course is passed if sufficiently many points are gathered that identify that the participant has attained a minimal understanding of the material.

Prüfungsstoff

The topics are listed in the paragraph on aims, contents and methods of the course.

Literatur

Kokesen, L. and E. Ok. 2007. An Introduction to Game Theory. Online lecture notes http://home.ku.edu.tr/~lkockesen/teaching/econ333/lectnotes/uggame.pdf
Fudenberg, D. and J. Tirole. 1991. Game Theory. MIT Press
Mas-Colell, A., M.D. Whinston and J.R. Green. 1995. Microeconomic Theory. Oxford University Press (only selected chapters)
Osborne Rubinstein book:
http://ebour.com.ar/pdfs/A%20Course%20in%20Game%20Theory.pdf

Zuordnung im Vorlesungsverzeichnis

Letzte Änderung: Fr 12.05.2023 00:13