This is an introduction to noncooperative game theory.

After completing this class, students will have the ability to

• recognize strategic problems
• model those strategic problems as games
• analyze these games using the methods and tools of noncooperative game theory
• find the equilibria of these games and interpret those equilibria in terms of positive and normative game theory
• formulate a concise assessment of the strategic problem and its possible solution in game-theoretic terms
• translate these terms into policy recommendations for efficient ways of handling or even solving the underlying strategic problem

The attendance requirement is met, if a student is present at least 80%. Therefore, students are allowed to be absent for up to 2 units.

This course is taught as lectures combined with in-class exercises and experiments. Lectures provide the core information of the topics while exercises help students to consolidate their knowledge and understanding. The experiments transform the abstract concepts and the intricacies of strategic decision-making into a hands-on experience. The solutions to in-class exercises will be presented by students on a voluntary basis.

• 45% midterm exam
• 45% final exam
• 10% active participation

Those with an overall negative grade or with confirmation of sick leave at one of the exams are allowed to participate in a retake exam to be scheduled on an individual basis.

0% - 49.9%: failed (5), 50% - 62.4%: sufficient (4), 62.5% - 74.9%: satisfactory (3), 75% - 87.4%: good (2), 87.5% - 100%: excellent (1)

Please log in with your WU account to use all functionalities of read!t. For off-campus access to our licensed electronic resources, remember to activate your VPN connection connection. In case you encounter any technical problems or have questions regarding read!t, please feel free to contact the library at readinglists@wu.ac.at.

anytime: ulrich.berger@wu.ac.at

sometimes: 01/31336-4562