Universität Wien FIND

040106 UK UK Decision and Game Theory (BA) (2019S)

12.00 ECTS (6.00 SWS), SPL 4 - Wirtschaftswissenschaften
Continuous assessment of course work

Tutorium: DI wtl von 19.03.2019 bis 25.06.2019 18.30-20.00 Ort: Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock

Details

max. 120 participants
Language: English

Lecturers

Classes (iCal) - next class is marked with N

Tuesday 05.03. 11:30 - 13:00 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Wednesday 06.03. 11:30 - 13:00 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Monday 11.03. 13:15 - 14:45 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday 13.03. 11:30 - 13:00 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Wednesday 13.03. 18:30 - 20:00 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
Thursday 14.03. 18:30 - 20:00 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
Monday 18.03. 13:15 - 14:45 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
Tuesday 19.03. 11:30 - 13:00 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday 19.03. 15:00 - 16:30 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday 19.03. 18:30 - 20:00 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Wednesday 20.03. 11:30 - 13:00 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Monday 25.03. 13:15 - 14:45 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
Tuesday 26.03. 11:30 - 13:00 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday 26.03. 15:00 - 16:30 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday 26.03. 18:30 - 20:00 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Wednesday 27.03. 11:30 - 13:00 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Monday 01.04. 13:15 - 14:45 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
Tuesday 02.04. 11:30 - 13:00 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday 02.04. 15:00 - 16:30 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday 02.04. 18:30 - 20:00 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Wednesday 03.04. 11:30 - 13:00 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Monday 08.04. 13:15 - 14:45 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
Tuesday 09.04. 11:30 - 13:00 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday 09.04. 15:00 - 16:30 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday 09.04. 18:30 - 20:00 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Wednesday 10.04. 11:30 - 13:00 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Monday 29.04. 13:15 - 14:45 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
Tuesday 30.04. 13:15 - 14:45 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday 30.04. 15:00 - 16:30 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday 30.04. 18:30 - 20:00 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Monday 06.05. 13:15 - 14:45 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
Tuesday 07.05. 11:30 - 13:00 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday 07.05. 15:00 - 16:30 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday 07.05. 18:30 - 20:00 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Wednesday 08.05. 11:30 - 13:00 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Monday 13.05. 13:15 - 14:45 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
Tuesday 14.05. 11:30 - 13:00 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday 14.05. 15:00 - 16:30 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday 14.05. 18:30 - 20:00 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Wednesday 15.05. 11:30 - 13:00 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Monday 20.05. 13:15 - 14:45 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
Tuesday 21.05. 11:30 - 13:00 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday 21.05. 15:00 - 16:30 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday 21.05. 18:30 - 20:00 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Wednesday 22.05. 11:30 - 13:00 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Monday 27.05. 13:15 - 14:45 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
Tuesday 28.05. 11:30 - 13:00 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday 28.05. 15:00 - 16:30 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday 28.05. 18:30 - 20:00 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Wednesday 29.05. 11:30 - 13:00 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Monday 03.06. 13:15 - 14:45 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
Tuesday 04.06. 11:30 - 13:00 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday 04.06. 15:00 - 16:30 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday 04.06. 18:30 - 20:00 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Wednesday 05.06. 11:30 - 13:00 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Wednesday 12.06. 11:30 - 13:00 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Wednesday 12.06. 16:45 - 18:15 Hörsaal 15 Oskar-Morgenstern-Platz 1 2.Stock
Thursday 13.06. 15:00 - 16:30 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
Friday 14.06. 13:15 - 14:45 Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Monday 17.06. 13:15 - 14:45 Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
Monday 17.06. 16:45 - 18:15 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday 18.06. 11:30 - 13:00 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday 18.06. 15:00 - 16:30 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Wednesday 19.06. 11:30 - 13:00 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock

Information

Aims, contents and method of the course

Course Summary: After the required Microeconomics classes, students should be familiar with the notion of rationality and how it is applied in single decision-making problems with certainty and also in simple market environments. This course looks at the implications of rational decision making in an interactive context where a few players interact. This is the area of strategic reasoning, which is the domain of game theory. For certain solution concepts in game theory we also need to be familiar with the basic set-up of decisions under uncertainty. All theoretical concepts will be discussed in the context of many, different applications.

Format: The topics of the course will be presented by the lecturer. Students are expected to read the material in advance so that there can be active interaction during the lectures. Students are also expected to do the recommended readings to complement classroom discussion of the topics. There are separate exercise sessions where problem sets will be discussed. In game theory it is very important to try to solve the exercises yourself. When problems are discussed, students are therefore expected to have worked on the problem sets in advance.

Target group: Bachelors students of Economics.
Prerequisites: Microeconomics I (Mikroökonomie I)
Starts: Tue 6 March 2019, Exercise groups start one week later.
Lectures: Tuesday 11.30 – 13.00 (Room HS 6) and Wednesday 11.30 – 13.00 (Room HS 6). During the semester some individual lectures will be cancelled, but information about that will be given by email during the semester.
Student will be allocated to one exercise group. They can only change if they find someone in another group who want to change with them. Group changes should be registered by the lecturers of the respective groups.

Course outline

Week 10
Topic: Introduction to game theory: what are the big questions? What are the important concepts?
Literature: Chapter 3, Section 7.1
Week 11 (only March 13)
Topic: Static Games: dominant strategy, dominated strategy, best response, Nash equilibrium
Literature: Sections 4;1 and 4,2, 5.1
Week 12
Topic: Decisions under Uncertainty
Literature: Chapter 2
Week 13
Topic: Decisions under Uncertainty, Mixed strategy equilibrium,
Literature: Chapter 6
Week14
Topic: Applications of static games
Literature: Section 5.2.
Week 15
Topic: Extensive games with Perfect Information, Subgame perfect equilibrium, Incredible Threats
Literature: Chapter 7, 8.1 and 8.2
Week 18
Topic: Applications of extensive games
Literature: Section 8.3
Week 19
Q&A session; Midterm Exam (May 8)
Week 20
Topic: Bayesian Games
Literature: Section 12.1
Week 21
Topic: Applications of Bayesian Games and Intro to Dynamic Bayesian Games
Literature: Sections 12.2, 12,3 13
Week 22
Topic: Dynamic Bayesian Games and Applications
Literaure: Sections 15.1 and 15.2, 16.1
Week 23
Topic: Repeated Games and Application
Literature: Chapter 10
Week 24 (only June 12th)
Topic: Bargaining; Application repeated Games
Literature: Chapter 11
Week 25
Q&A session, Final Exam (June 19)

Assessment and permitted materials

Grading will be as follows. There will be one midterm exam and one final exam, which account for 40% and 50% of the grade. The remaining 10% is obtained by actively participating in tutorials and handing in one homework set. Every tutorial, randomly 5 students are selected to hand in their answers to the homework for that week at the beginning of the session.

Minimum requirements and assessment criteria

Examination topics

Reading list

Tadelis, Steve. 2013. Game Theory: An Introduction. Princeton University Press.

Association in the course directory

Last modified: Fr 06.09.2019 09:47