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Game Theory (Master)

 

Prof. Dr. Wolfgang Leininger           

Dr. Markus Fels

 

Ort und Zeit:

Number:  112312 (2V+2Ü)
Titel: Game Theory

Lecture:
Tutorial:

Mo. 10:15 - 11:45 h, M 127

Thu. 14:15 - 15:45 h, SRG1 1.024

Start:

14.10.2019

Language: English

 

 


Content of the Module

Game theory is a mathematical method of modeling virtually any situation in which humans interact and it has found applications in virtually every aspect of the social sciences. This course will examine the fundamental tools and concepts of game theory, both from a rationalistic as well as evolutionary point of view, while maintaining a focus on its applications in economics and business.

 

Competences

The course aims at a thorough understanding of interactive decision situations. Any social situation can be modeled as an interactive decision problem; i.e. a game. Mastering the modeling stage is the first step to analysis and finally solution of the problem. In particular, game theoretical models of market competition are contrasted with the standard approach to perfect competition, which is based on classical decision theory. The need of methodological competence to understand real world phenomena is stressed in this way.

 

Literature

  • Osborne, M.: An Introduction to Game Theory (Oxford  University Press, 2004)
  • Rasmusen, E.: Games and Information (ISBN: 1557865027)
  • Fudenberg, D. and Tirole, J.: Game Theory (MIT Press 1991)  

 


Nebeninhalt

 

 


Wir unterstützen:

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RGS Econ

 

 

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Verein für Socialpolitik

 

 

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Deutsche Forschungsgemeinschaft