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ECON2243-1

Introduction to Game Theory

[ version française ]

Duration :30h Th, 15h Pr
Credits/ECTS :
2nd year of a "maîtrise" in economical sciences5
Holder(s) :Izabela Jelovac
Course contents : Faculty:

- Izabela JELOVAC. Office 0.53 (B31). ijelovac@ulg.ac.be

- Mickaël HILIGSMANN, teaching assistant. B33. M.Hiligsmann@ulg.ac.be



Content:

This course presents the bases of the study of multiperson decision problems, as well as an extension to problems with asymmetric information. Multiperson decision problems, and in particular those that are characterized by asymmetric information, are very common in economics. The course focuses on strategic decisions as well as on cooperative decisions, and it presents many economic applications of the issues at hand.



Program:

PART 1. GAME THEORY

1. Introduction

2. Games in extensive form

3. Games in normal form

4. Refinements of equilibrium and related issues

5. Repeated games

6. Games of incomplete information

7. Cooperative games

PART 2. INFORMATION ECONOMICS

1. Introduction

2. Basic model

3. Moral hazard

4. Adverse selection

5. Signaling



References:

PART 1. Gibbons, 1992. A Primer in Game Theory. Prentice Hall.

PART 2. Macho-Stadler & Pérez-Castrillo, 1996. An Introduction to the Economics of Information, Incentives and Contracts. Oxford University Press.




ULg : Students and Studies Administration - Academic Affairs
Contact : Monique Marcourt, direction A.E.E.
Date of data : 27/02/2006
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