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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 (students will produce a short presentation video).

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 and due to the coronavirus crisis in terms of a take home exam (open book).

50 % final class project (paper, video presentation, and feedback on other projects).

Retake

Exam:
Without exam (cf. terms)  
Evaluation:

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

50 % exam: take home exam (open book).

50 % final class project (paper, video presentation, and feedback on other projects).

Existing passing grades for each part of the evaluation can be carried over.



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