Games and Decisions
Home assignment
Your homework will consist of five problems, worth 10 points each. The assignment will be posted here around the 9th week of the semester.
Lecture presentations
- Lecture 1: Introduction.
- Lecture 2: Matrix games.
- Lecture 3: Mixed strategies.
- Lecture 4: Mixed strategies (cont'd). Bimatrix games.
- Lecture 5: Auctions.
- Lecture 6: Oligopoly.
- Lecture 7: Collusive oligopoly (cont'd). Coalition games.
- Lecture 8: Nash equilibria in complicated games. Risk & uncertainty.
- Lecture 9: Risk & uncertainty (cont'd). Utility theory. p-intelligent players.
- Lecture 10: Games in extensive form.
- Lecture 11: Games in extensive form (cont'd). Bargaining games.
Other materials
- a spreadsheet file with a tutorial showing how to use MS Excel Solver to find a mixed-strategy NE in a matrix game
- a spreadsheet file that uses MS Excel Solver to find a mixed-strategy NE in an auction (modelled as a bimatrix game)
- a zipped folder with Matlab scripts that find a NE in complicated oligopolies and auctions using the fictitious game method
Course requirements
- 50 points: assignments (5 problems, 10 points each, see above)
- 50 points: final exam
Grading scale
- 90 – 100 points: excellent (1)
- 75 – 89 points: very good (2)
- 60 – 74 points: good (3)
- 0 – 59 points: failed (4)
Recommended reading
- Lecture notes and presentations.
- Manas, M., Dlouhý, M.: Games and Economic Decisions, Oeconomica, 2009.
- Binmore, K.: Playing for Real: A Text on Game Theory, Oxford University Press, 2007.
- Virtually any other book on game theory.
- Internet sources (e.g. www.gametheory.net, www.wikipedia.org).