Universität Wien

040243 VO Decision and Game Theory (MA) (2021W)

4.00 ECTS (2.00 SWS), SPL 4 - Wirtschaftswissenschaften
REMOTE
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Details

Language: English

Examination dates

Lecturers

Classes (iCal) - next class is marked with N

The final exam on November 25, 2021 will be held offline and in presence as announced.

This lecture will be held in an "online asynchronous" format from October 1 - November 23, 2021. That is, screen casts of lectures will be made available. Additionally, there will be three digital online class meetings where you can ask questions about the lecture material and the homework exercises.

  • Tuesday 19.10. 09:45 - 11:15 Digital
  • Tuesday 09.11. 09:45 - 11:15 Digital
  • Tuesday 23.11. 09:45 - 11:15 Digital
  • Tuesday 11.01. 13:15 - 14:45 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
  • Wednesday 02.03. 15:00 - 16:30 Seminarraum 5 Oskar-Morgenstern-Platz 1 1.Stock

Information

Aims, contents and method of the course

Course description: This course provides an introduction to basic concepts of Game Theory and mostly applies these concepts to topics in Industrial Organization. Roughly speaking, Industrial Organization analyses both the functioning of markets and firms' behavior in markets.

Specific Contents of this Course:

Static games with complete information and the Nash equilibrium. (Typical application: Cournot model)

Sequential games with complete information and the subgame perfect Nash equilibrium. (Typical application: Stackelberg model)

Assessment and permitted materials

Final written exam (MC questions).

Minimum requirements and assessment criteria

Students should master intermediate microeconomics.

At least 50% of the achievable points in the written exam.

Examination topics

More information will be provided in the lectures.

Reading list

1. Robert Gibbons, A Primer in Game Theory, Pearson Education.
2. Steven Tadelis, Game Theory: An Introduction, Princeton University Press.
3. Martin Osborne, An Introduction to Game Theory, Oxford University Press.
4. Jeffrey Church and Roger Ware, Industrial Organization: A Strategic Approach, McGraw-Hill.

I will comment on these books during the first class meeting. I recommend that during the course you will consult one of the books listed under 1.-3. and the book listed under 4.

Association in the course directory

Last modified: Fr 12.05.2023 00:12