040243 VO Decision and Game Theory (MA) (2016W)
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Details
max. 999 participants
Language: English
Examination dates
Monday
30.01.2017
09:45 - 11:15
Hörsaal 7 Hauptgebäude, Hochparterre, Stiege 7
Friday
03.03.2017
09:45 - 11:15
Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Friday
02.06.2017
09:45 - 11:15
Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday
05.09.2017
09:45 - 11:15
Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Lecturers
Classes (iCal) - next class is marked with N
Monday
03.10.
09:45 - 11:15
Hörsaal 7 Hauptgebäude, Hochparterre, Stiege 7
Monday
10.10.
09:45 - 11:15
Hörsaal 7 Hauptgebäude, Hochparterre, Stiege 7
Monday
17.10.
09:45 - 11:15
Hörsaal 7 Hauptgebäude, Hochparterre, Stiege 7
Monday
24.10.
09:45 - 11:15
Hörsaal 7 Hauptgebäude, Hochparterre, Stiege 7
Monday
31.10.
09:45 - 11:15
Hörsaal 7 Hauptgebäude, Hochparterre, Stiege 7
Monday
07.11.
09:45 - 11:15
Hörsaal 7 Hauptgebäude, Hochparterre, Stiege 7
Monday
14.11.
09:45 - 11:15
Hörsaal 7 Hauptgebäude, Hochparterre, Stiege 7
Monday
21.11.
09:45 - 11:15
Hörsaal 7 Hauptgebäude, Hochparterre, Stiege 7
Monday
28.11.
09:45 - 11:15
Hörsaal 7 Hauptgebäude, Hochparterre, Stiege 7
Monday
05.12.
09:45 - 11:15
Hörsaal 7 Hauptgebäude, Hochparterre, Stiege 7
Monday
12.12.
09:45 - 11:15
Hörsaal 7 Hauptgebäude, Hochparterre, Stiege 7
Monday
09.01.
09:45 - 11:15
Hörsaal 7 Hauptgebäude, Hochparterre, Stiege 7
Monday
16.01.
09:45 - 11:15
Hörsaal 7 Hauptgebäude, Hochparterre, Stiege 7
Monday
23.01.
09:45 - 11:15
Hörsaal 7 Hauptgebäude, Hochparterre, Stiege 7
Information
Aims, contents and method of the course
This course provides an Introduction to Decision and Game Theory. The language of Instruction is English. Decision Theory provides a formal account of individual choices in environments with Risk and Uncertainty. Therefore, a good understanding of Decision Theory is useful in various areas of Business Administration including (but not limited to) Operations Research, General Management and Finance. Game Theory provides an analysis of individual decision-making in strategic environments (i.e. environments in which the payoffs of different alternatives depend on the choices of others). A paramount example of such situation is the market in which a firm operates. Game Theory is related to various areas like Operations Research, Strategy, Marketing, etc.
Assessment and permitted materials
There will be a final exam. Passing grade is 50%. In addition, students who hand in home assignments can get extra credit.
Minimum requirements and assessment criteria
Examination topics
I. Decision Theory
1. Introduction to Decision Theory and Rationality.
2. Expected Utility and its Paradoxes.
3. Risk
4. Uncertainty.II Game Theory
1. Introduction and Basic Concepts.
2. Dominant Strategies.
3. Beliefs about others' play. Alternative Models
3. Nash Equilibrium.
4. Non Credible Threats and Backwards Induction
1. Introduction to Decision Theory and Rationality.
2. Expected Utility and its Paradoxes.
3. Risk
4. Uncertainty.II Game Theory
1. Introduction and Basic Concepts.
2. Dominant Strategies.
3. Beliefs about others' play. Alternative Models
3. Nash Equilibrium.
4. Non Credible Threats and Backwards Induction
Reading list
The main reference is Tadelis' Game Theory book. For the Decision Theory part we will also use a bit of Binmore's Rational Decisions. For the Game Theory part, Osborne's Game Theory is also useful.
Association in the course directory
Last modified: Mo 07.09.2020 15:29