Universität Wien
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040243 VO Entscheidungs- und Spieltheorie (MA) (2017W)

4.00 ECTS (2.00 SWS), SPL 4 - Wirtschaftswissenschaften

Details

Sprache: Englisch

Prüfungstermine

Lehrende

Termine (iCal) - nächster Termin ist mit N markiert

  • Donnerstag 05.10. 09:45 - 11:15 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
  • Donnerstag 12.10. 09:45 - 11:15 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
  • Donnerstag 19.10. 09:45 - 11:15 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
  • Donnerstag 09.11. 09:45 - 11:15 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
  • Donnerstag 16.11. 09:45 - 11:15 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
  • Donnerstag 30.11. 09:45 - 11:15 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
  • Donnerstag 07.12. 09:45 - 11:15 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
  • Donnerstag 14.12. 09:45 - 11:15 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
  • Donnerstag 11.01. 09:45 - 11:15 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
  • Donnerstag 18.01. 09:45 - 11:15 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
  • Donnerstag 25.01. 09:45 - 11:15 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock

Information

Ziele, Inhalte und Methode der Lehrveranstaltung

This course provides an Introduction to Decision and Game Theory. The language of Instruction is English. Decision Theory provides a formal account of individual choices in environments with Risk and Uncertainty. Therefore, a good understanding of Decision Theory is useful in various areas of Business Administration including (but not limited to) Operations Research, General Management and Finance. Game Theory provides an analysis of individual decision-making in strategic environments (i.e. environments in which the payoffs of different alternatives depend on the choices of others). A paramount example of such situation is the market in which a firm operates. Game Theory is related to various areas like Operations Research, Strategy, Marketing, etc.

Art der Leistungskontrolle und erlaubte Hilfsmittel

Students have to register to take part in the Final Exam. There will be 4 distinct dates during the calendar year (January, March, June, September).
Please note that there is no Midterm Exam. The Midterm is only scheduled in order to have a room in Exam Week!
Passing grade is 50%.

Mindestanforderungen und Beurteilungsmaßstab

Prüfungsstoff

I. Decision Theory
1. Introduction to Decision Theory and Rationality.
2. Expected Utility and its Paradoxes.
3. Risk
4. Uncertainty.

II Game Theory
1. Introduction and Basic Concepts.
2. Dominant Strategies.
3. Beliefs about others' play. Alternative Models
3. Nash Equilibrium.
4. Non Credible Threats and Backwards Induction

Literatur

For Decision Theory we shall use Peterson (An Introduction to Decision Theory, Chapters 1-5, 10), which provides a good starting point and we shall also use Binmore's Rational Decisions and Gilboa's Rational Choice.
Tadelis' Game Theory also includes a brief recap of Decision Theory.
For the Game Theory part The main reference is Tadelis' Game Theory book. In addition, Osborne's Game Theory is also useful. More advanced readings are Osborne-Rubinstein (A Course in Game Theory) and Myerson's Game Theory books.

Zuordnung im Vorlesungsverzeichnis

Letzte Änderung: Mo 07.09.2020 15:29