Checking date: 19/12/2017


Course: 2019/2020

Game Theory
(16253)
Study: Master in Industrial Economics and Markets (270)
EPC


Coordinating teacher: MARHUENDA HURTADO, FRANCISCO

Department assigned to the subject: Department of Economics

Type: Compulsory
ECTS Credits: 6.0 ECTS

Course:
Semester:




Students are expected to have completed
Basic calculus and probability theory
Competences and skills that will be acquired and learning results.
- Teaches students the standards of precision and rigor in economic analysis and professional communication. - Emphasizes autonomous and group learning. - Familiarizes students with the theory of individual decision under uncertainty, and provides a set of tools appropriate for the analysis of individuals' interactions in strategic settings.
Description of contents: programme
1. What is game theory? 2. Static games of complete information: normal form; Nash equilibrium; applications 3. Dynamic games of complete information; extensive form; subgame perfect equilibrium; applications 4. Static games of Incomplete information: Bayesian Nash equilibrium 5. Dynamic games of incomplete information: perfect Bayesian Nash equilibrium.
Learning activities and methodology
-Lectures in which the basic material is presented and discussed. Basic textbook references are provided with to complete and deepen students┬┐ understanding. - Discussion of the solution to practical exercises to provide students with feedback on their level of understanding and difficulties.
Assessment System
  • % end-of-term-examination 60
  • % of continuous assessment (assigments, laboratory, practicals...) 40
Basic Bibliography
  • A. Dixit and S. Skeath. Games of Strategy. New York: W. W. Norton. 1999
  • E. Prisner. Game Theory Through Examples. The Mathematical Association of America. 2014
  • H. Gintis and S. Schecter. Game Theory in Action. An Introduction to Classical and Evolutionary Models. Princeton UP. 2016
  • H. S. Bierman and L. Fernandez. Game Theory with Economic Applications. Second Edition, Addison-Wesley. 1998
  • K. Binmore. Game theory: A Very Short Introduction. Oxford UP. 2007
  • Lindley. Making Decisions, . John Wiley & Sons. 1985
  • M. Osborne. An Introduction to Game Theory. Oxford UP. 2003
  • M. Peterson. An Introduction to Decision Theory. Cambridge UP. 2009
  • R Gardner: . Games for Business and Economics. New York: John Wiley & Sons. 1995
  • R. Gibbons. Game Theory for Applied Economists. Princeton UP. 1992
  • R. Myerson: . Game Theory: Analysis of Conflict, . Harvard UP. 1991

The course syllabus and the academic weekly planning may change due academic events or other reasons.