About the exam:
The following students may participate to the exam: list.
In the exam, there will be four questions and you should answer to three of them. The questions will be like the exercises in the problem sets and examples in the text book.
All students may take the faculty exam in March. In the faculty exam will be similar to the final exam and retake exam in November.
Content:
In the course we study strategic decision making. The aim is to present the central concepts and applications used in economics. These include a set of typical games, normal form games, extensive form games, Bayesian games, repeated games and the most popular solution concepts. Applications have an important role, and they are used as a vehicle to motivate the theory.
Lectures:
04.09.2008 - 16.10.2008 on Thursdays 9-12 05.09.2008 FRIDAY 9-12
Location of the lectures can be found in the schedule of the course.
Literature:
Osborne Martin J : An Introduction to Game Theory (Excluding chapters 8, 11, 12, 13, 15 and 16)
All students should have the text book at their disposal. The lectures will cover only a fraction of the text book and their main purpose is to help the students to study the text book.
Lecture notes:
The lectures will closely follow the organisation of the text book. I will therefore not provide very detailed lecture notes. However, I will post here some material during the lectures.
Lecture notes 1: Introduction, Nash equilibrium, pure and mixed strategies
Lecture notes 2: Extensive games with perfect information
Lecture notes 3: Bayesian games
Lecture notes 4: Extensive games with imperfect information
Problem sets:
It is not possible to understand the material of this course without actually solving problems oneself. Therefore, it is important to study the worked out examples in the text book and do exercises.
I will post here two problem sets. Only students who have solved 1/3 of the exercises in the problem sets are allowed to participate in the final exam and/or the second exam. At least part of the exercises in the problem sets will be discussed in class.
The first problem set , due September 25
The second problem set , due October 16
Exams:
Final exam: 30.10.2008, at 9 - 11, PIII (Porthania)
Second exam: 28.11.2008, at 9 - 11 PR (Main building), lecture room 6.