Universität Wien

040245 UK Incentives and Strategic Behavior (BA) (2022W)

3.00 ECTS (2.00 SWS), SPL 4 - Wirtschaftswissenschaften
Continuous assessment of course work
ON-SITE

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 03.10. 15:00 - 16:30 Seminarraum 13 Oskar-Morgenstern-Platz 1 2.Stock
Monday 10.10. 15:00 - 16:30 Seminarraum 13 Oskar-Morgenstern-Platz 1 2.Stock
Monday 17.10. 15:00 - 16:30 Seminarraum 13 Oskar-Morgenstern-Platz 1 2.Stock
Monday 24.10. 15:00 - 16:30 Seminarraum 13 Oskar-Morgenstern-Platz 1 2.Stock
Monday 31.10. 15:00 - 16:30 Seminarraum 13 Oskar-Morgenstern-Platz 1 2.Stock
Monday 07.11. 15:00 - 16:30 Seminarraum 13 Oskar-Morgenstern-Platz 1 2.Stock
Monday 14.11. 15:00 - 16:30 Seminarraum 13 Oskar-Morgenstern-Platz 1 2.Stock
Monday 21.11. 15:00 - 16:30 Seminarraum 13 Oskar-Morgenstern-Platz 1 2.Stock
Monday 28.11. 15:00 - 16:30 Seminarraum 13 Oskar-Morgenstern-Platz 1 2.Stock
Monday 05.12. 15:00 - 16:30 Seminarraum 13 Oskar-Morgenstern-Platz 1 2.Stock
Monday 12.12. 15:00 - 16:30 Seminarraum 13 Oskar-Morgenstern-Platz 1 2.Stock
Monday 09.01. 15:00 - 16:30 Seminarraum 13 Oskar-Morgenstern-Platz 1 2.Stock
Monday 16.01. 15:00 - 16:30 Seminarraum 13 Oskar-Morgenstern-Platz 1 2.Stock
Monday 23.01. 15:00 - 16:30 Seminarraum 13 Oskar-Morgenstern-Platz 1 2.Stock
Monday 30.01. 15:00 - 16:30 Seminarraum 13 Oskar-Morgenstern-Platz 1 2.Stock

Information

Aims, contents and method of the course

This course provides an introduction to Strategic Behavior.

An individual takes part in a strategic interaction when their outcome depends not only on their own actions, but also on the actions of others. Examples include international relations, collective decision-making processes (such as voting), litigation, war, environmental negotiations, online auctions, business interactions, biological evolution, sports competitions, etc. The course is structured in two different parts. We shall begin with an introduction to strategic reasoning and equilibrium. We will then move to real-world applications.

Assessment and permitted materials

The grading for the course will be based on a midterm exam (30%), final exam (45%), and problem sets/class participation (25%).
The final exam will be on January 30th. There will be a retake (sometime in February). Exams will take place in person.

Minimum requirements and assessment criteria

Grades and Percentage Points:
>85%, 1
75-85, 2
60-75, 3
50-60, 4
less than 50%, 5

Examination topics

Topics covered in this course include dominance, Nash equilibrium, mixed strategies, backward induction, evolutionary stability, commitment, asymmetric information, and mechanism design. The course emphasizes real-world examples. We will also play several games in class.

Reading list

The main texts for the course are A. K. Dixit and B. J. Nalebuff "Thinking Strategically: The Competitive Edge in Business, Politics, and Everyday Life", 1993, and J. Mc Millan "Games, Strategies, and Managers", New York and Oxford: Oxford University Press, 1992.
For reference you can also use any introductory and other game-theory books, such as R.
Gibbons "A Primer in Game Theory", M. J. Osborne "An Introduction to Game Theory",
R. Myerson "Game Theory: Analysis of Conflict".

Association in the course directory

Last modified: We 21.09.2022 14:26