Game theory applied to Economics (2006/2007)

Course not running

Course code
4S00424
Credits
5
Coordinator
Luca Zarri
Teaching is organised as follows:
Unit Credits Academic sector Period Academic staff
lezione 1 3 SECS-P/01-ECONOMICS 2° sem lez Luca Zarri
lezione 2 2 SECS-P/01-ECONOMICS 2° sem lez Luca Zarri

Learning outcomes

The course is organized in two parts. In the first part, we shall present the fundamental notions and tools of non-cooperative game theory. In the second part, we shall discuss how these tools can be applied to analyze economic problems where the strategic dimension of agent interaction becomes crucial. In particular, we will discuss economic problems related to coordination, cooperation and conflict.

Syllabus

Lecture #1 (GF) Game theory and economics. Cooperative vs. non-cooperative games. Mathematical description of a game.
Lecture #2 (GF) Rationality and information. Simultaneous-move vs. dynamic games. Analysis.
Lecture #3 (GF) Example. Open issues.
Lecture #4 (LZ) Dynamic Games. Nash Equilibrium in Extensive Form Games.
Lecture #5 (LZ) Repeated Games and the emergence of cooperation.
Lecture #6 (LZ) Behavioral Game Theory: An Introduction.
Lecture #7 (LZ) Evolutionary Games, Experimental Economics and Social Preferences.
Lecture #8 (GF) Coordination and technological adoption. Standard results and open problems.
Lecture #9 (GF) Technological choice and interaction networks. Dynamical models with boundedly-rational agents.
Lecture #10 (GF) Examples and applications. Concluding remarks.

Assessment methods and criteria

Written exam. No oral examination.

Reference books
Author Title Publisher Year ISBN Note
Gibbons Teoria dei Giochi Il Mulino  
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