AØKA08076U Game Theory (F)
MSc programme in Economics – elective course
The course is part of the MSc programme in Economics, Financial line, symbolized by ‘F’.
This is a mathematically oriented course of game theory.
The course covers the standard parts of game theory, focusing mainly on non-cooperative games. The course starts with the expected utility theorem. For non-cooperative games, the teaching covers the most important solution concepts for strategic and extensive form games. The Aumann model of knowledge is presented. Also, the theory of games under uncertainty is discussed, leading to the extension of the solution concepts previously encountered. Furthermore, we study specific classes of games (e.g. supermodular games and global games) that are often used in economic theory. Finally, we illustrate a more axiomatic approach by discussing the basics of social choice theory.
We will formally show under which assumptions the covered solution concepts exist and derive certain properties. We will then illustrate and apply the solution concepts in examples and exercises. A detailed lecture schedule will be published online at the start of the term.
The course aims at giving the students the abilities and competences needed to understand and assess the fundamental aspects of strategic decision making by rational individuals where the framework for decision making specifies the actions open to the individuals as well as their objectives and the information available. The methodological goal of the course is to get students more accustomed to formal notation, proofs and logical reasoning.
After completing the course, the student should be able to:
Knowledge:
- of all the covered concepts including formal definitions
- Determine which of the covered concepts is relevant in a given strategic situation (e.g. a fully specified game).
Skill:
- Apply the appropriate (solution) concept in this situation.
- Explain the concepts covered in the course using appropriate definitions, motivations and examples.
Competence:
- Point out strengths and weaknesses of the concepts
Relate and connect different concepts.
Main textbooks:
- Martin J. Osborne and Ariel Rubinstein: “A Course in Game Theory”, MIT Press, 1994 (note that an electronic version of the book is available for free from the websites of the authors);
- M. Maschler, E. Solan and S. Zamir: “Game Theory”, Cambridge University Press, 2013 (note that the library provides an electronic version of this book)
A list of academic papers will be published later on online.
2 hours lectures 1 to 2 times a week from week 36 to 50 (except week 42).
The overall schema for the Master can be seen at https://intranet.ku.dk/economics_ma/courses/CourseCatalogue-E17/Courseschema/Pages/default.aspx
Timetable and venue:
To see the time and location of lectures please press the link under "Se skema" (See schedule) at the right side of this page. E means Autumn.
You can find the similar information partly in English at
https://skema.ku.dk/ku1718/uk/module.htm
-Select Department: “2200-Økonomisk Institut” (and wait for respond)
-Select Module:: “2200-E17; [Name of course]””
-Select Report Type: “List – Weekdays”
-Select Period: “Efterår/Autumn – Weeks 31-5”
Press: “ View Timetable”
- Category
- Hours
- Exam
- 0,7
- Lectures
- 42
- Preparation
- 163,3
- Total
- 206,0
for enrolled students. More information about registration, schedule, rules, courses etc. can be found at the intranet for Master students (UK) and Master students (DK).
Registration and information for foreign students not enrolled please find more information at Study Economics.
For enkelfagsstuderende sker tilmelding via Åbent Universitet og Merit.
Læs om uddannelsen og studieordningen på KA uddannelsen i økonomi.
- Credit
- 7,5 ECTS
- Type of assessment
- Oral examination, 20 minuts under invigilationwith 20 minuts preparation. The oral exam must be performed in English.
- Exam registration requirements
A one week take-home assignment (that can be done in groups) must be passed in order to be admitted to the final exam.
- Aid
- Without aids
in the preparation and at the oral exam
- Marking scale
- 7-point grading scale
- Censorship form
- External censorship
if chosen by the Head of Studies.
- Exam period
Week 4, January 2018
Exact date, time and place will be informed in the KUNet or by the Examination Office.
For enrolled students more information about examination, rules, exam schedule etc. is available at the intranet for master students (UK) and master students (DK).
- Re-exam
Week 6 to 8, February 2018
Exact date, time and place will be informed in the KUNet or by the Examination Office.
More information about reexamination, rules, schedule etc. is available at the intranet for master students (UK) and master students (DK).
Criteria for exam assesment
Students are assessed on the extent to which they master the learning outcome for the course.
To receive the top grade, the student must be able to demonstrate in an excellent manner that he or she has acquired and can make use of the knowledge, skills and competencies listed in the learning outcomes.
Course information
- Language
- English
- Course code
- AØKA08076U
- Credit
- 7,5 ECTS
- Level
- Full Degree Master
- Duration
- 1 semester
- Placement
- Autumn
- Schedule
- and venue:
Go to "Remarks"
Exam and re-sits: Go to "Exam" - Continuing and further education
- Price
Information about admission and tuition fee: Master and Exchange Programme, credit students and guest students (Open University)
- Study board
- Department of Economics, Study Council
Contracting department
- Department of Economics
Course Coordinators
- Christoph Schottmüller (22-666b756c767772736b3176666b72777770786f6f68754368667271316e7831676e)
Lecturers
Lectures: See ‘Course responsibles’