Learning objectives

The goal of the course is to give students a solid background in Game Theory. Game theory provides a structured way to study strategic interactions and can be used to better understand business strategy, contracts, auctions, voting systems, crime, bargaining, and virtually any social interaction one can think of. At the end of the course students should be able to critically read and understand models proposed by economists to describe the above social interactions. Furthermore, students should be able to describe such social interactions as games.

Prerequisites and basic notions

Noone

Program

Normal Form Games.
-Nash Equilibrium.
-Iterated Dominance.
-Incomplete Information.
-Trembling-Hand Perfection.
Extensive Form Games.
-Backward Induction.
-Subgame Perfection.
-Sequential Equilibrium and Extensive Form Perfection.
-Beliefs-based Refinements.

Bibliography

Didactic methods

Frontal teaching.

Learning assessment procedures

Written test

Assessment

The examination spans all over the program and aims to test the understanding of the main concepts introduced. In the grading process, more enphasis will be given to the reasonings than to the exact calculations.

Criteria for the composition of the final grade

Final exam

Scheduled Lessons