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

040383 UK Game Theory and Industrial Organization (MA) (2017W)

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

This course provides an introduction to basic concepts of Game Theory and applies these concepts to topics in Industrial Organization. Roughly speaking, Industrial Organization analyses both the functioning of markets and firms' behavior in markets.

Contents:
1. Static games with complete information and the Nash equilibrium. (Typical application: Cournot model)
2. Sequential games with complete information and the subgame perfect Nash equilibrium. (Typical application: Stackelberg model)
3. Static games with incomplete information and the Bayesian Nash equilibrium (Typical application: Auctions)
4. Sequential games with incomplete information and the Perfect Bayesian Nash equilibrium. (Typical application: Signalling model).

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 03.10. 09:45 - 13:00 Seminarraum 16 Oskar-Morgenstern-Platz 1 3.Stock
  • Tuesday 10.10. 09:45 - 13:00 Seminarraum 16 Oskar-Morgenstern-Platz 1 3.Stock
  • Tuesday 17.10. 09:45 - 13:00 Seminarraum 16 Oskar-Morgenstern-Platz 1 3.Stock
  • Tuesday 24.10. 09:45 - 13:00 Seminarraum 16 Oskar-Morgenstern-Platz 1 3.Stock
  • Tuesday 31.10. 09:45 - 13:00 Seminarraum 16 Oskar-Morgenstern-Platz 1 3.Stock
  • Tuesday 07.11. 09:45 - 13:00 Seminarraum 16 Oskar-Morgenstern-Platz 1 3.Stock
  • Tuesday 14.11. 09:45 - 13:00 Seminarraum 16 Oskar-Morgenstern-Platz 1 3.Stock
  • Tuesday 21.11. 09:45 - 13:00 Seminarraum 16 Oskar-Morgenstern-Platz 1 3.Stock
  • Tuesday 28.11. 09:45 - 11:15 Seminarraum 16 Oskar-Morgenstern-Platz 1 3.Stock
  • Tuesday 05.12. 09:45 - 13:00 Seminarraum 16 Oskar-Morgenstern-Platz 1 3.Stock
  • Tuesday 12.12. 09:45 - 13:00 Seminarraum 16 Oskar-Morgenstern-Platz 1 3.Stock
  • Tuesday 09.01. 09:45 - 13:00 Seminarraum 16 Oskar-Morgenstern-Platz 1 3.Stock
  • Tuesday 16.01. 09:45 - 13:00 Seminarraum 16 Oskar-Morgenstern-Platz 1 3.Stock
  • Tuesday 23.01. 09:45 - 13:00 Seminarraum 16 Oskar-Morgenstern-Platz 1 3.Stock
  • Tuesday 30.01. 09:45 - 11:15 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock

Information

Aims, contents and method of the course

This course provides an introduction to basic concepts of Game Theory
and applies these concepts to topics in Industrial Organization. Roughly speaking, Industrial
Organization analyses both the functioning of markets and firms' behavior in markets.

Specific Contents of this Course:
* Static games with complete information and the Nash equilibrium. (Typical application:
Cournot model)
* Sequential games with complete information and the subgame perfect Nash equilibrium.
(Typical application: Stackelberg model)
* Static games with incomplete information and the Bayesian Nash equilibrium (Typical application: Auctions)
* Sequential games with incomplete information and the Perfect Bayesian Nash equilibrium.
(Typical application: Signalling model).

Assessment and permitted materials

Midterm Exam (45%), Final Exam (45%), Homework Assignments (10%). Details will be provided during the first class meeting.

Minimum requirements and assessment criteria

Examination topics

Reading list

Course textbooks:
- Gibbons, Robert (1992), A Primer in Game Theory, Harvester Wheatsheaf (Prentice Hall).
- Osborne, Martin J. (2004), An Introduction to Game Theory, Oxford University Press.
- Church, Jeffrey and Roger Ware (2000), Industrial Organization: A Strategic Approach, McGraw-Hill.

Association in the course directory

Last modified: Mo 07.09.2020 15:29