| Learning objectives |
The students should:
- acquire a deeper knowledge of game theory
- Use game theoretic concepts to analyze incentives and actions
of institutions and agents.
- Use game theoretic concepts to analyze the effects of legal
tools such as disclosure duties, collective actions and
bargaining.
- Understand and apply game-theoretic concepts under complete and
incomplete information.
- Identify the appropriate game-theoretic concepts to understand
specific strategic decision making problems.
- Understand the importance of the assumptions of the
game-theoretic framework and apply them in the relevant
cases.
|
| Course prerequisites |
| Bachelor in law or economics and basic knowledge
of game theory |
| Examination |
|
Advanced Game
Theory:
|
| Exam
ECTS |
7,5 |
| Examination form |
Written sit-in exam on CBS'
computers |
| Individual or group exam |
Individual exam |
| Assignment type |
Written assignment |
| Duration |
3 hours |
| Grading scale |
7-point grading scale |
| Examiner(s) |
Internal examiner and external examiner |
| Exam period |
Winter |
| Aids |
Limited aids, see the list below:
The student is allowed to bring - USB key for uploading of notes, books and compendiums in a
non-executable format (no applications, application fragments, IT
tools etc.)
- Non-programmable, financial calculators: HP10bll+ or Texas BA
II Plus
- Books (including translation dictionaries), compendiums and
notes in paper format
The student will have access to - Access to Canvas
- Access to the personal drive (S-drive) on CBS´ network
- basic IT application package
|
| Make-up exam/re-exam |
Same examination form as the ordinary exam
If the number of registered candidates for the make-up
examination/re-take examination warrants that it may most
appropriately be held as an oral examination, the programme office
will inform the students that the make-up examination/re-take
examination will be held as an oral examination
instead.
|
|
| Course content, structure and pedagogical
approach |
|
The course concerns topics related to cooperative and
non-cooperative behaviors as analyzed and formalized by the game
theory literature. We also analyze the possible solutions
to non-cooperative behaviors, both within and outside the
legal system (i.e., social norms).
The course will shed lights on strategic considerations
and methods in business decisions.
|
| Description of the teaching methods |
| lectures, games, cases, interaction |
| Feedback during the teaching period |
| Feedback in class due to the work and dialog in
lectures, games, cases and other types of interaction in
class. |
| Student workload |
| Lectures |
32 hours |
| Preparation |
140 hours |
| Exam preparation |
34 hours |
|
| Further Information |
|
Students are required to have a proper knowledge of the concepts
in Chapters 1-5, 7, 11, 14-15, 19, 22, 26-27 of Dutta,
Strategies and Games: Theory and Practice (The MIT Press,
1999). A basic knowledge of game theory is an essential requirement
to be able to deal with a course of Advanced Game Theory.
Students are required to know how to calculate expected
values.
|
| Expected literature |
|
collection of articles, cases and other types of material -
and/or a textbook
|
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