Universität Wien
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040236 UK Strategic thinking in practice (BA) (2020S)

8.00 ECTS (4.00 SWS), SPL 4 - Wirtschaftswissenschaften
Continuous assessment of course work
Moodle

Registration/Deregistration

Note: The time of your registration within the registration period has no effect on the allocation of places (no first come, first served).

Details

max. 50 participants
Language: English

Lecturers

Classes (iCal) - next class is marked with N

  • Tuesday 03.03. 09:45 - 11:15 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
  • Thursday 05.03. 09:45 - 11:15 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
  • Tuesday 10.03. 09:45 - 11:15 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
  • Tuesday 17.03. 09:45 - 11:15 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
  • Thursday 19.03. 09:45 - 11:15 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
  • Tuesday 24.03. 09:45 - 11:15 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
  • Thursday 26.03. 09:45 - 11:15 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
  • Tuesday 31.03. 09:45 - 11:15 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
  • Thursday 02.04. 09:45 - 11:15 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
  • Tuesday 21.04. 09:45 - 11:15 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
  • Thursday 23.04. 09:45 - 11:15 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
  • Tuesday 28.04. 09:45 - 11:15 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
  • Thursday 30.04. 09:45 - 11:15 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
  • Monday 04.05. 16:45 - 18:15 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
  • Tuesday 05.05. 09:45 - 11:15 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
  • Thursday 07.05. 09:45 - 11:15 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
  • Tuesday 12.05. 09:45 - 11:15 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
  • Thursday 14.05. 09:45 - 11:15 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
  • Tuesday 26.05. 09:45 - 11:15 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
  • Thursday 28.05. 09:45 - 11:15 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
  • Thursday 04.06. 09:45 - 11:15 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
  • Tuesday 09.06. 09:45 - 11:15 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
  • Tuesday 16.06. 09:45 - 11:15 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
  • Thursday 18.06. 09:45 - 11:15 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
  • Tuesday 23.06. 09:45 - 11:15 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
  • Thursday 25.06. 09:45 - 11:15 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
  • Tuesday 30.06. 09:45 - 11:15 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock

Information

Aims, contents and method of the course

Strategic thinking means to make choices when influenced by the choices of others. Hence, your favorite choices will depend on how others choose. The objective of this course is to consider strategic thinking in everyday life situations, in practice, and to model and understand the strategic concerns. We will also be practicing making our own strategic decision making live in class using an app.
Topics include where to meet a friend if you forgot to agree on a meeting place, when to pay for the delivery of a good you are ordering online and how to bid in an auction. Students will be asked to bring their own examples too.
Each lecture will start with a small story, a video, a song or a proverb (Sprichwort) and then students start discussing what strategic choices are involved and how to solve the possible conflicts. Live games using the app will help develop an understanding of how to anticipate what others do and thus to improve own decision making.
The course is not following a text book.

There is no formal requirement. But, you should have some basic knowledge of game theory, so you should only take this course after you have taken our bachelor game theory class. You need to bring an internet mobile device or a laptop to be able to play in the live games.

Assessment and permitted materials

Midterm 35%, Final 35%, Class participation and home works 30%

Minimum requirements and assessment criteria

see above

Examination topics

material covered in class and mentioned as reading in class

Reading list

To brush up your game theory skills:
Game theory for applied economists, Gibbons, 1992.
Kokesen, L. and E. Ok. 2007. An Introduction to Game Theory. Online lecture notes http://home.ku.edu.tr/~lkockesen/teaching/econ333/lectnotes/uggame.pdf
To read other stories:
Thinking Strategically: Competitive Edge in Business, Politics and Everyday Life by Dixit and Nalebuff, 1991
Coopetition by Brandenburger and Nalebuff, 1996

Association in the course directory

Last modified: Mo 07.09.2020 15:19