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2019/2020  KAN-CJURO1017U  Advanced Game Theory

English Title
Advanced Game Theory

Course information

Language English
Course ECTS 7.5 ECTS
Type Mandatory offered as elective
Level Full Degree Master
Duration One Semester
Start time of the course Autumn
Timetable Course schedule will be posted at calendar.cbs.dk
Study board
Study Board for BSc/MSc in Business Administration and Commercial Law, MSc
Course coordinator
  • Kalle Johannes Rose - CBS Law
Main academic disciplines
  • Economics
Teaching methods
  • Face-to-face teaching
Last updated on 20-06-2019

Relevant links

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
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

Last updated on 20-06-2019