Advanced Microeconomics 3 (Game Theory, 5 cr)

Code:
26090
Field:
Microeconomics
Targets:
Research Master's students PhD students
Organiser:
Hanken School of Economics
Instructor:
Julia Salmi
Period:
Period 3
Format:
Participation in teaching
Method:
Contact teaching
Venue:
Economicum
Enrollment:

In case of conflicting information consider the Moodle page the primary source of information.

Aalto, Hanken and UH economics students can enroll through their home university’s SISU. Further instructions are available on the How to enroll? page, also for students from other universities.

If you would like to count the credits towards your degree, please check your curriculum or contact your supervisor or student services for guidance.

Lectures and exercises will be streamed for FDPE students (outside the capital region), but not for Helsinki GSE students (Aalto, Hanken and UH students). A link to the stream will be sent by Jenni Rytkönen in a separate email a few days before the course starts. If you don’t receive the link, please contact Jenni (jenni.rytkonen@aalto.fi).

Please note that the schedule is not available in Hanken’s Sisu and can instead be found below.

  • A Moodle course key will be sent by email (to your Hanken email address) or it is posted as a message in Sisu couple of days before the course starts.
  • Log in with your Hanken username to be able to use all the features of the course workspace.
  • More tips for enrolling in Moodle can be found here.

Location: Economicum, Arkadiankatu 7, Helsinki

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Location: Economicum, Arkadiankatu 7, Helsinki

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Location: Economicum, Arkadiankatu 7, Helsinki

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Location: Economicum, Arkadiankatu 7, Helsinki

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No need to register for the exams!

  • Strategic form games: pure and mixed strategies, dominant and dominated strate-gies, rationalizable strategies, Nash equilibrium
  • Extensive form games: sequential rationality, backward induction, sub-game per-fect equilibrium, sequential equilibrium
  • Dynamic games of complete information: bargaining games, repeated games
  • Games of incomplete information: Bayesian Nash equilibrium, perfect Bayesian equilibrium

After completing this course, you will be able to:

  • Formulate game theory models, and solve static and dynamic games with full rigor
  • Prove main theorems in game theory
  • Define and critically discuss the key solution concepts in game theory
  • Evaluate the implications of a chosen modeling approach and solution concept
  • Apply theoretical analysis on chosen topics
  • Read and evaluate research articles that apply game theory as the method of analysis
  • Search for relevant research articles independently