Universität Wien

040158 UK Strategic thinking in practice (BA) (2017W)

8.00 ECTS (4.00 SWS), SPL 4 - Wirtschaftswissenschaften
Continuous assessment of course work
Moodle

Registration/Deregistration

Note: The time of your registration within the registration period has no effect on the allocation of places (no first come, first served).

Details

max. 50 participants
Language: English

Lecturers

Classes (iCal) - next class is marked with N

  • Monday 02.10. 11:30 - 13:00 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
  • Tuesday 03.10. 09:45 - 11:15 Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Monday 09.10. 11:30 - 13:00 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
  • Tuesday 10.10. 09:45 - 11:15 Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Monday 16.10. 11:30 - 13:00 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
  • Tuesday 17.10. 09:45 - 11:15 Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Friday 20.10. 09:45 - 11:15 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
  • Monday 23.10. 11:30 - 13:00 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
  • Tuesday 24.10. 09:45 - 11:15 Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Monday 30.10. 11:30 - 13:00 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
  • Tuesday 31.10. 09:45 - 11:15 Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Friday 03.11. 09:45 - 11:15 Studierzone
  • Monday 06.11. 11:30 - 13:00 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
  • Tuesday 07.11. 09:45 - 11:15 Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Monday 13.11. 11:30 - 13:00 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
  • Tuesday 14.11. 09:45 - 11:15 Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Friday 17.11. 09:45 - 11:15 Seminarraum 3 Oskar-Morgenstern-Platz 1 1.Stock
  • Monday 20.11. 11:30 - 13:00 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
  • Tuesday 21.11. 09:45 - 11:15 Hörsaal 16 Oskar-Morgenstern-Platz 1 2.Stock
  • Monday 27.11. 11:30 - 13:00 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
  • Tuesday 28.11. 09:45 - 11:15 Seminarraum 15 Oskar-Morgenstern-Platz 1 3.Stock
  • Monday 04.12. 11:30 - 13:00 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
  • Tuesday 05.12. 09:45 - 11:15 Seminarraum 15 Oskar-Morgenstern-Platz 1 3.Stock
  • Monday 11.12. 11:30 - 13:00 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
  • Tuesday 12.12. 09:45 - 11:15 Seminarraum 15 Oskar-Morgenstern-Platz 1 3.Stock
  • Monday 08.01. 11:30 - 13:00 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
  • Tuesday 09.01. 09:45 - 11:15 Seminarraum 15 Oskar-Morgenstern-Platz 1 3.Stock
  • Friday 12.01. 09:45 - 11:15 Seminarraum 3 Oskar-Morgenstern-Platz 1 1.Stock
  • Monday 15.01. 11:30 - 13:00 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
  • Tuesday 16.01. 09:45 - 11:15 Seminarraum 15 Oskar-Morgenstern-Platz 1 3.Stock
  • Friday 19.01. 09:45 - 11:15 Seminarraum 3 Oskar-Morgenstern-Platz 1 1.Stock
  • Monday 22.01. 11:30 - 13:00 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
  • Tuesday 23.01. 09:45 - 11:15 Seminarraum 15 Oskar-Morgenstern-Platz 1 3.Stock
  • Monday 29.01. 11:30 - 13:00 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
  • Tuesday 30.01. 09:45 - 11:15 Hörsaal 16 Oskar-Morgenstern-Platz 1 2.Stock

Information

Aims, contents and method of the course

This course provides an introduction to Strategic Thinking. An individual takes part in a strategic interaction if her outcomes depend not only on her own actions but also on the action of other individuals. Examples include international relations, collective decision-making processes (such as voting), litigation, war, environmental negotiations, auctions, business interactions, biological evolution, sports competitions, internet routing etc.
The course introduces the students to modeling real-world strategic interactions using formal game theory and develops the necessary methods for analyzing the resulting game theoretic models.

Outline of the course:
1. Introduction
2. Static games, dominant strategies, Nash equilibrium
Some covered applications: Voting games, competition with market power, congestion games
3. Extensive form games, sub-game perfect equilibrium
Applications: Market leaders and followers, bargaining, vote buying.
4. Static games of imperfect information, Bayesian equilibrium
Applications: Auctions, Condorcet voting
5. Extensive form games with imperfect information, perfect Bayesian equilibrium
Applications: Reputation and signaling games, sequential voting, political platforms and lobbying

Assessment and permitted materials

Assessment:

Assessment will be based on one midterm and one final test (written tests, 45% each) and problem sets (10%). The maximum problem set score can be attained getting 50% of the maximum problem set score. Otherwise, the score is linearly interpolated for lower scores than that. However, the problem sets are highly useful for learning the material and preparing for the exams. To further incentivize completing these assignments the students can supplement their total exam score by solving more problem sets. Getting at least 90% of the maximum problem set score yields a maximum of 15% of the points available in the two exams that can be used to compensate for points lost in the exams. The awarded points decrease linearly with solved problem set questions so that solving at least 60% of the problems yields 5% of the maximum exam score as supplemental points.

Pre-requisites:

The course will assume basic pre-requisites in microeconomics and probability!

Minimum requirements and assessment criteria

Examination topics

Reading list

The text for the course is Game Theory for Applied Economics, Robert Gibbons, Princeton University Press, 1992. The course will also have relatively complete lecture slides posted on the courses Moodle page.

Association in the course directory

Last modified: Mo 07.09.2020 15:28