Game Theory

Faculteit Economie en Bedrijfskunde
Jaar 2017/18
Vakcode EBB872A05
Vaknaam Game Theory
Niveau(s) bachelor, uitwisseling
Voertaal Engels
Periode semester II b
ECTS 5
Rooster rooster

Uitgebreide vaknaam Game Theory
Leerdoelen Upon completion of the course the student is able to:
1. Describe and interpret (advanced) equilibrium concepts of formal models of non-cooperative static and dynamic games, games with asymmetric information, and the principal-agent model.
2. Apply the equilibrium concepts, and calculate and interpret equilibria for given non-cooperative game-theoretic models.
3. Describe formal models of cooperative games, and calculate and interpret some standard equilibria for these models.
Omschrijving This course consists of combined lectures/tutorials including a discussion of a series of exercises. Ample attention is paid to the basic elements of non-cooperative games, in particular of static and dynamic games, and games with asymmetric information. There is a formal mathematical discussion about different equilibrium concepts for such games, like Nash equilibria, (subgame) perfect equilibria, Bayesian equilibria, and signaling equilibria. Ample attention will be paid to the rationality, beliefs and information of the players. Applications will be discussed with respect to, e.g., oligopoly models. The course further pays attention to mathematical properties of cooperative games, and concludes with a formal discussion of the principal-agent model.
Uren per week 4
Onderwijsvorm gecombineerde hoor-/werkcolleges
Toetsvorm schriftelijk tentamen met open vragen
Vaksoort bachelor
Coördinator prof. dr. L. Schoonbeek
Docent(en) prof. dr. L. Schoonbeek
Verplichte literatuur
Titel Auteur ISBN Prijs
Articles, t.b.a. Various
Microeconomic Theory, 1995 Mas-Colell, A., M.D. Whinston, J.R. Green 9780195102680 ca. €  75,00
Entreevoorwaarden Exchange students should have a very solid background in mathematics and probability theory at a level comparable to third-year students of the BSc EOR.
Opmerkingen Info: Prof. Bert Schoonbeek, phone: +31(0)50 363 3798, e-mail: l.schoonbeek@rug.nl
Secretary: Marianne Fry, phone: +31 (0)50 363 7018, e-mail: m.fry@rug.nl, room 5411.0734
Opgenomen in
Opleiding Jaar Periode Type
BSc Econometrics and Operations Research/EOR  (basisprogramma BSc EOR) 3 semester II b verplicht
BSc Wiskunde: Statistics and Econometrics 2 semester II b keuzegroep
Courses open to Exchange Students (BSc)  ( Courses open to Exchange Students (BSc) without limited access) 3 semester II b keuze
MSc Applied Physics  (Courses in Business and Management) - semester II b keuze