Universität Wien
Warning! The directory is not yet complete and will be amended until the beginning of the term.

040245 UK Incentives and Strategic Behavior (BA) (2016W)

4.00 ECTS (2.00 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

  • Friday 07.10. 13:15 - 14:45 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
  • Friday 14.10. 13:15 - 14:45 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
  • Friday 21.10. 13:15 - 14:45 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
  • Friday 28.10. 13:15 - 14:45 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
  • Friday 04.11. 13:15 - 14:45 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
  • Thursday 10.11. 11:30 - 13:00 Seminarraum 15 Oskar-Morgenstern-Platz 1 3.Stock
  • Friday 11.11. 13:15 - 14:45 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
  • Friday 18.11. 13:15 - 14:45 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
  • Friday 25.11. 13:15 - 14:45 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
  • Friday 02.12. 13:15 - 14:45 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
  • Friday 09.12. 13:15 - 14:45 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
  • Friday 16.12. 13:15 - 14:45 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
  • Friday 13.01. 13:15 - 14:45 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
  • Friday 20.01. 13:15 - 14:45 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
  • Friday 27.01. 13:15 - 14:45 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock

Information

Aims, contents and method of the course

This course provides an introduction to Strategic Thinking. An individual takes part in a strategic interaction if her outcomes depend not only on her own actions but also on the action of other individuals. Examples include international relations, collective decision-making processes (such as voting), litigation, war, environmental negotiations, online auctions, business interactions, biological evolution, sports competitions, etc.
The course is structured in two different parts. We shall begin with an introduction to the basic concepts of decision-making and strategy and a brief discussion on strategic reasoning and equilibrium. We will then move to real-world applications.

Assessment and permitted materials

Grading will be as follows. There will be one midterm (35%) and one final exam (45%). In addition, students have to submit one homework sets and be active in the tutorials by providing solutions in class (10%) and have to write one small essay (3-4 pages) (10%). The midterm will be on November 18. The final exam will be on January 27.

Minimum requirements and assessment criteria

Examination topics

Course Outline:
Part I: Methods
1. Introduction
2. Principles of Decision-Making
3. Games and Dominant Strategies
4. Equilibrium and Disequilibrium Concepts
Part II: Applications
5. Coordination: Communication, Uncertainty and Focal Points.
6. Bargaining
7. Conflict: Mixing, Commitment and the Order-of-Moves.

Reading list

The main texts for the course are A. K. Dixit and B. J. Nalebuff "Thinking Strategically: The Competitive Edge in Business, Politics, and Everyday Life", 1993, and J. Mc Millan "Games, Strategies, and Managers", New York and Oxford: Oxford University Press, 1992.
This may be supplemented by some additional readings as we go along, which will be posted on my web page.
For reference you can also use any introductory and other game-theory books, such as R.
Gibbons "A Primer in Game Theory", M. J. Osborne "An Introduction to Game Theory",
R. Myerson "Game Theory: Analysis of Conflict".

Association in the course directory

Last modified: Mo 07.09.2020 15:29