GAME THEORY

Degree course: 
Corso di First cycle degree in ECONOMICS AND MANAGEMENT
Academyc year when starting the degree: 
2018/2019
Year: 
3
Academyc year when helding the course: 
2020/2021
Course type: 
Optional subjects
Language: 
Italian
Credits: 
6
Period: 
First Semester
Standard lectures hours: 
40
Detail of lecture’s hours: 
Lesson (40 hours)
Requirements: 

Mathematics. In particular, derivative rules and single-variable optimization.

Final Examination: 
Orale

The exam is written and consists of 6 exercises. Each student must correctly write 5 exercises out of 6 to obtain the maximum score. The exercises correctly written are sufficient to pass the exam. The student has two hours to write the exam.

Assessment: 
Voto Finale

The aim of the course is to provide students with the basic elements of non-cooperative game theory. In particular, at the end of the course students will know the analytical tools for understanding, modeling and forecasting the strategic behaviors of economic agents.

The course aims to provide the following skills:
1) To solve general multi-agent problems in the economic, financial and business fields with the techniques of game theory.
2) To apply the concepts of game theory to practical scenarios to propose efficient and stable solutions to strategic problems in the business and economic environments even under uncertainty.

1) Matrix games and games in normal form;
2) Nash equilibrium;
3) Test for the existence of a Nash equilibrium;
4) Mixed strategies;
5) best-reply functions;
6) Nash's theorem;
7) Economic applications: Cournot and Bertrand oligopolies, management of natural resources, auctions, voting system;
8) Decision theory with applications to finance;
9) Extensive form games and backward induction;
10)Evolutionary games and evolutionary stable equilibria.

1) Normal form games;
2) Extensive-form games;
3) Economic applications;
4) Bayesian static games;
5) Evolutionary games.

Lecture notes.

C. D. Aliprantis e S. K. Chakrabarti, Games and Decision Making, Oxford university press, 2010.

Convenzionale

Academic teaching

OFFICE HOURS (It is required to arrange an appointment by email at davide.radi@uninsubira.it): : Every Monday from 2.00 pm to 3.00 pm.

Professors

RADI DAVIDE