Strategy and decision analysis (2019/2020)

Corso a esaurimento (attivi gli anni successivi al primo)

Codice insegnamento
4S003741
Docente
Francesco De Sinopoli
Coordinatore
Francesco De Sinopoli
crediti
6
Settore disciplinare
SECS-P/01 - ECONOMIA POLITICA
Lingua di erogazione
Inglese
Periodo
secondo semestre magistrali dal 24-feb-2020 al 29-mag-2020.

Orario lezioni

Vai all'orario delle lezioni

Obiettivi formativi

The goal of the course is to give students a solid background in Game Theory. Game theory provides a structured way to study strategic interactions and can be used to better understand business strategy, contracts, auctions, voting systems, crime, bargaining, and virtually any social interaction one can think of. At the end of the course students should be able to critically read and understand models proposed by economists to describe the above social interactions.

Programma

Normal Form Games.
-Nash Equilibrium.
-Iterated Dominance.
-Incomplete Information.
-Trembling-Hand Perfection.

Extensive Form Games.
-Backward Induction.
-Subgame Perfection.
-Sequential Equilibrium and Extensive Form Perfection.
-Beliefs-based Refinements.
-Signaling Games.
-Repeated Games.

Applications.

Testi di riferimento
Autore Titolo Casa editrice Anno ISBN Note
A. Mas-colell, M. Whinston, J.Green Microeconomic Theory  
van Damme stability and perfection of nash equilibria 1996

Modalità d'esame

This course will be assessed with a written examination which will include some exercises that span all over the program. The closed-book exam will last 90 minutes and it aims to test the understanding of the main concepts introduced during the lectures. In the grading process, more enphasis will be given to the reasonings than to the exact calculations.
Students may obtain extra points throught lectures by active participation.