Introductory description

EC941-15 Game Theory

Module web page

Module aims

Outline syllabus

This is an indicative module outline only to give an indication of the sort of topics that may be covered. Actual sessions held may differ.

The module will typically cover the following topics:

• Games in Strategic Forms;
• Solution Concepts and Applications;
• Bayesian Games and Applications;
• Extensive Form Games and Repeated Games with Applications;
• Coalition Games and Applications

Learning outcomes

By the end of the module, students should be able to:

• Subject Knowledge and Understanding:...demonstrate an understanding of concepts including Nash equilibrium, rationalizability, and apply them to a number of problems in industrial organisation and political economy. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures, independent study. The summative assessment methods that measure the achievement of this learning outcome are: Examination and test.
• Subject Knowledge and Understanding:...demonstrate solid knowledge in basic pure and applied Game Theory. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures and independent study. The summative assessment methods that measure the achievement of this learning outcome are: Examination and test.
• Subject Knowledge and Understanding:...understand the concept of mixed strategy and correlated equilibrium. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures, independent study. The summative assessment methods that measure the achievement of this learning outcome are: Examination and test.
• Subject Knowledge and Understanding:...apply the solution concept of Bayesian Nash equilibrium to a number of problems in industrial organisation and political economy. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures, independent study. The summative assessment methods that measure the achievement of this learning outcome are: Examination and test.
• Subject Knowledge and Understanding:...demonstrate knowledge of the role of bargaining, from both an axiomatic and strategic perspective. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures, independent study. The summative assessment methods that measure the achievement of this learning outcome are: Examination and test.
• Subject Knowledge and Understanding:...understand the concept of form and repeated games and the role of dynamic aspects in analysis. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures, independent study. The summative assessment methods that measure the achievement of this learning outcome are: Examination and test.

Indicative reading list

Please see Talis Aspire link for most up to date list.

View reading list on Talis Aspire

Subject specific skills

Students will have the opportunity to develop skills in:
Analytical thinking and communication
Analytical reasoning
Critical thinking
Strategic thinking
Problem-solving
Abstraction
Analysis of incentives
Analysis of Institutions
Analysis of optimisation
Understanding of Uncertainty and Incomplete Information

Transferable skills

Students will have the opportunity to develop:
Numeracy and quantitative skills
Written communication skills
Oral communication skills
Mathematical, statistical and data-based research skills