BPE_ZATH Introduction to Game Theory

Faculty of Economics and Administration
Spring 2016
Extent and Intensity
2/2/0. 8 credit(s). Type of Completion: zk (examination).
Teacher(s)
doc. Ing. Rostislav Staněk, Ph.D. (lecturer)
doc. Ing. Rostislav Staněk, Ph.D. (seminar tutor)
Ing. Marek Soukup (seminar tutor)
Ing. Mgr. Vlastimil Reichel, Ph.D. (assistant)
Guaranteed by
Ing. Michal Kvasnička, Ph.D.
Department of Economics – Faculty of Economics and Administration
Contact Person: Lydie Pravdová
Supplier department: Department of Economics – Faculty of Economics and Administration
Timetable
Tue 9:20–11:00 P303
  • Timetable of Seminar Groups:
BPE_ZATH/T01: Thu 3. 3. to Fri 20. 5. Thu 14:40–16:15 116, Fri 4. 3. to Fri 20. 5. Fri 13:00–14:35 116, M. Soukup, Nepřihlašuje se. Určeno pro studenty se zdravotním postižením.
BPE_ZATH/01: Tue 11:05–12:45 S309, R. Staněk
BPE_ZATH/02: Tue 12:50–14:30 S309, R. Staněk
BPE_ZATH/03: Wed 14:35–16:15 VT314, R. Staněk
Prerequisites (in Czech)
BPE_MIE1 Microeconomics 1 || BPE_MIC1 Microeconomics 1
Course Enrolment Limitations
The course is also offered to the students of the fields other than those the course is directly associated with.
fields of study / plans the course is directly associated with
Course objectives
Students will learn basic principles of game theory in the course. They will get acquainted with the concept of Nash equilibrium and they will learn to find the equilibrium in strategic games, extensive games, games with incomplete information and repeated games. Students will understand how is game theory applied when analyzing oligopolistic markets, auctions, elections, providing of public goods, etc. At the end of the course students should be familiar with basic methods of game theory and should be able to employ them when explaining economic phenomenons. Students should be able to create simple model of a given situation and find its equilibrium.
Syllabus
  • 1. Strategic games a Nash equilibrium
  • 2. Strategic games: economic ilustrations
  • 3. Mixed strategies
  • 4. Mixed strategies: economic ilustrations
  • 5. Extensive games
  • 6. Extensive games: subgame perfect equilibrium and backward induction
  • 7. Extensive games: uncertainty and simulataneous moves
  • 8. Games with imperfect information: bayesian games
  • 9. Games with imperfect information: economic ilustrations of bayesian games
  • 10. Games with imperfect information:extensive games
  • 11. Games with imperfect information: signaling
  • 12. Repeated games
  • 13. Repeated games: economic ilustrations
Literature
    required literature
  • OSBORNE, Martin J. An introduction to game theory. New York, N.Y.: Oxford University Press, 2004, xvii, 533. ISBN 9780195128956. info
    recommended literature
  • VEGA-REDONDO, Fernando. Economics and the theory of games. 1st ed. Cambridge: Cambridge University Press, 2003, xii, 512. ISBN 0521775906. info
Teaching methods
The course has a form of a lecture and a seminar. Lectures are based on economic illustrations of game theory. Students are supposed to solve extensions of these illustrations on seminars.
Assessment methods
The course is completed by wrtitten exam. Total grade will be composed from homeworks(30%), mid-term exam (20%) and final exam (50%). A necessary condition for the completion of the course is to reach at least 50% score from the final exam and 60% score from the sum of homeworks, mid-term and final exam.
Language of instruction
Czech
Further comments (probably available only in Czech)
Study Materials
The course is taught annually.
General note: Povinné pro studenty kteří zahájili studium v ak. r. 2008/2009 a později.
Credit evaluation note: k = 1,5.
Information about innovation of course.
This course has been innovated under the project "Inovace studia ekonomických disciplín v souladu s požadavky znalostní ekonomiky (CZ.1.07/2.2.00/28.0227)" which is cofinanced by the European Social Fond and the national budget of the Czech Republic.

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The course is also listed under the following terms Spring 2011, Spring 2012, Spring 2013, Spring 2014, Spring 2015, Spring 2017, Spring 2018, Spring 2019, Spring 2020, Spring 2021, Spring 2022, Spring 2023, Spring 2024, Spring 2025.
  • Enrolment Statistics (Spring 2016, recent)
  • Permalink: https://is.muni.cz/course/econ/spring2016/BPE_ZATH