Game Theory and Oligopoly

Faculteit Economie en Bedrijfskunde
Jaar 2017/18
Vakcode EBM179A05
Vaknaam Game Theory and Oligopoly
Niveau(s) master
Voertaal Engels
Periode semester II a
ECTS 5
Rooster rooster

Uitgebreide vaknaam Game Theory and Oligopoly
Leerdoelen Upon completion of the course the student is able to:
1. Describe and discuss equilibrium concepts to rigorously analyze formal models of non-cooperative static and dynamic games, and games with asymmetric information.
2. Calculate and interpret these equilibria for given non-cooperative games.
3. Apply those game-theoretic models to the field of Industrial Organization.
4. Discuss the state-of-the-art in the topics in Industrial
Organization that are covered in this course.
Omschrijving This course consists of two parts. The first part is Game Theory. It discusses advanced equilibrium concepts of formal models of static and dynamics non-cooperative games, and games with asymmetric information. The second part discusses applications of Game Theory to topics from Industrial Organization, in particular oligopoly models. Topics include: two-stage competition models, cartels, entry deterrence, and price discrimination.
Uren per week
Onderwijsvorm
(combined lectures/tutorials)
Toetsvorm
(written intermediate exam with open questions, written exam with open questions)
Vaksoort master
Coördinator prof. dr. L. Schoonbeek
Docent(en) prof. dr. M.A. Haan ,prof. dr. L. Schoonbeek
Verplichte literatuur
Titel Auteur ISBN Prijs
Microeconomic Theory, Oxford University Press, 1995 (paperback edition) Mas-Colell, A., M.D. Whinston, J.R. Green 9780195102680 ca. €  70,00
Entreevoorwaarden Research Master in Economics and Business (keuzevakken C Research Master)
Opmerkingen Secretary: M. Fry, m.fry@rug.nl, room DUI 5411.0734
Opgenomen in
Opleiding Jaar Periode Type
Research Master in Economics and Business  (keuzevakken ReMa-Economics) 1 semester II a keuze