School of Economics and Administrative Sciences \ Economics
Course Credit
ECTS Credit
Course Type
Instructional Language
Programs that can take the course
This course teaches game theory at an advanced level.
Textbook and / or References
Osborne, Martin J., An Introduction to Game Theory, Oxford University Press, 2004.
The aim of this course is to examine situations where there are multiple decision-makers, and the utility of one decision-maker depends not only on their own decisions but also on the decisions of other decision-makers, and to investigate how rational decision-makers are expected to behave.
1. The course teaches the fundamental results of game theory at a more general theoretical level by using the basic concepts learned in the IKT 214 course.
2. The course helps students become familiar with the literature by explaining interesting applications in game theory.
Week 1: What is a game? Game classifications
Week 2: Strategic form games, Nash equilibrium, dominant strategy
Week 3: Strategic form games, Nash equilibrium, dominant strategy
Week 4: Strategic form games, Nash equilibrium, dominant strategy
Week 5: Strategic form games with incomplete information: Bayesian Nash equilibrium
Week 6: Strategic form games with incomplete information: Auctions
Week 7: Extensive form games: Subgame perfect equilibrium
Week 8: Extensive form games: Subgame perfect equilibrium
Week 9: Bargaining
Week 10: Repeated games
Week 11: Repeated games
Week 12: Extensive form games with incomplete information
Tentative Assesment Methods
• Midterm Exam 40 %
• Final Exam 40 %
• Homeworks 10 %
• Quizzes 10 %
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