Advanced Microeconomics 3 (Game Theory, 5 cr)

Code:
ECON-L2300
Field:
Microeconomics
Targets:
Research Master's students PhD students
Organiser:
Hanken Shool of Economics
Instructor:
Julia Salmi
Period:
Period 3
Format:
Lecture
Method:
Contact teaching
Venue:
Economicum
Enrollment:

In case of conflicting information consider the Sisu/Moodle pages the primary source of information.

Aalto and UH economics students can enroll in their home university’s SISU! Further instructions can be found on the How to enroll? page, also for other students.

Before taking and completing the course make sure that the credits can be counted towards your degree at your home university by checking which courses are included in your curriculum or by contacting your home university’s student/learning services.

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).

  • 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.
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  • 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

The students should become familiar with the central concepts of non-cooperative game theory and they should learn how to apply those in microeconomic applications. After this course they should be able to read research articles that use game theory as the method of analysis.