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Game Theory

  • Teacher(s):   B.Klaus  
  • Course given in: English
  • ECTS Credits: 6 credits
  • Schedule: Spring Semester 2019-2020, 4.0h. course (weekly average)
  •  sessions
  • site web du cours course website
  • Related programme: Master of Science (MSc) in Economics

 

Objectives

The purpose of this course is to make masters students at UNIL acquainted with Game Theory and some of its applications.

Contents

First, we will study the basic solution concepts used to solve games, namely: Dominance, Iterated Deletion of Dominated Strategies, Rationalizability, Nash Equilibrium, Backward Induction, Subgame Perfect Equilibrium, Bayesian Nash Equilibrium and Perfect Bayesian Equilibrium.

In addition to these classical game theory concepts, we will study some matching theory and market design applications.

An important part of this course will be the writing of a short paper on game theory or market design (theoretical or applied) and its presentation at the end of the semester.

References

Geoffrey Jehle and Philip Reny, Advanced Microeconomic Theory, Third Edition Prentice Hall. We will cover chapters 7 and 8.

All further teaching material will be posted on the corresponding moodle page.

Pre-requisites

The skills and knowledge of the HEC MScE microeconomics are required for this course.

Evaluation

First attempt

Exam:
Without exam (cf. terms)  
Evaluation:

Your grade in the course will be determined on the basis of:

50 % exam: takes place during the semester, no documentation, only the following calculators are allowed

  • Fiamo HD8S (Coop)
  • Sunway SH 228 (Manor)
  • M-Budget (Migros)

[ Calculatrice 4 opérations selon directive HEC ]

The duration of the exam is 2 hours.

50 % final paper and presentation.

Retake

Exam:
Written 3h00 hours
Documentation:
Not allowed
Calculator:
Allowed with restrictions
Evaluation:

If you fail the course (or one of the partial grade components) you can take a retake exam for 100% of the grade (encompassing the whole course material).

The final exam is written and closed-book (without documentation) and only the following calculators are allowed

  • Fiamo HD8S (Coop)
  • Sunway SH 228 (Manor)
  • M-Budget (Migros)

[ Calculatrice 4 opérations selon directive HEC ]

The duration of the final exam is 3 hours.



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