Economic Theory
print

Sprachumschaltung

Navigationspfad


Inhaltsbereich

Game Theory

News

The grades are online.

The post exam review will be held on Thursday the 21st of December at 3 pm in the office of Else Christensen at Ludwigstraße 28 RG, room 002.

Please sign up for the review no later than Tuesday the 19th of December by sending an email to Else.Christensen@econ.lmu.de.


Lectures (Peter Schwardmann, PhD):

  • Mondays - 10:00 - 12:00 c.t. D209 Geschw.-Scholl-Pl. 1
  • Mondays - 14:00 - 16:00 c.t. B106 Geschw.-Scholl-Pl. 1 (as of October 23, 2017)

Tutorials (Else Christensen):

Group 1

  • Thursday  - 8:00 - 10:00, D209 Geschw.-Scholl-Pl. 1
  • Friday - 14:00 - 16:00, B006 Geschw.-Scholl-Pl. 1

Group 2

  • Thursday 10:00 - 12:00, D209 Geschw.-Scholl-Pl. 1
  • Friday - 16:00 - 18:00, B006 Geschw.-Scholl-Pl. 1

The first tutorials take place in the first week of the semester on Friday, October 20.

Lecture Slides

Lecture slides can be downloaded from the LSF and are available in two formats:

  • The "slides" format corresponds to the format of the slides in the lecture.
  • The "handout" format features two slides per page and leave space for you to take notes. It is important that you take notes during the lecture.

You can also obtain the printed slides in the handout format from Wasti.

Outline

  1. Introduction

  2. Static games with complete information

  3. Dynamic games with complete information

  4. Repeated games

  5. Static games with incomplete information

  6. Dynamic games with incomplete information

Exam

The exam will take place on Friday, December 8, 2017 at 8:00 am in Leopoldstr. 13, H2 - 2U01 .

You have to register for the exam in the LSF (08.11.2017-01.12.2017).

Please bring student ID, ID and pens. You may also bring a non-programmable calculator.

You can find some old exams on the LSF.

Content of the Lecture

Game Theory analyses the strategic interaction between economic agents, e.g. in markets, in organisations, or in bilateral negotiations. It is a central method in economics and has applications in industrial organisation, international trade, macroeconomics, polical economy, etc. The lecture is aimed at students interested in theory with a solid foundation in microeconomics. The lectures will introduce the fundamental solution concepts in game theory and will feature numerous concrete examples and applications from all areas of economics.

Organisational Matters

The course consists of two 2-hour lectures and two 2-hour tutorials each week. Lectures and tutorials complement each other and should be visited in tandem. The lectures will introduce and discuss the bulk of the material. The tutorials are designed to solidify your understanding of the course. You should plan to spend an additional 6-8 hours on preparing lectures and solving problem sets for this course.

Experiments

On the LSF webpage, you will find a PDF document with a set of experiments. During the first week of lectures, please download the document and provide your answers for the experiments on the designated answer sheets. Hand in you answer sheets to the tutor after your second tutorial. Keep the remaining documents, as we will be referring to them later during the course.

Literature

  • Gibbons, R., A Primer in Game Theory, New York: Harvester Wheatsheaf, 1992
  • Osborne, M., An Introduction to Game Theory, Oxford University Press, 2003

I will provide detailed information regarding the literature before each lecture. You may want to purchase or loan one of the above books.