Microeconomics 3: Game Theory (2019)


Basic Information

  • Organizer: Aalto University
  • Location: Helsinki, Arkadiankatu 7, Economicum building, seminar room 3-4
  • Time schedule
    • Lectures: Mon 12-14 and Fri 10-12 (14.1. - 22.2.2019)
    • Exercise sessions: Mon 16-18 (21.1. - 11.2.2019)
    • Exam: 4.3.2019 (10-12)
    • Retake exam: 29.4.2019 (10-12)
    • Please note that all changes to this original schedule will only be posted on the course home page, see above
  • The course includes 24 hours of lectures and 8 hours of exercises, a final exam and a possibility to retake the exam.

Teaching Staff

  • Instructor: Daniel Hauser, PhD (Aalto University)
  • Teaching assistant: NN (Aalto University)

Course Syllabus

The students should become familiar with the central concepts of non-cooperative game theory and they should learn how to apply those in microeconomic applications. After this course they should be able to read research articles that use game theory as the method of analysis.

The topics to be covered include:

  • Strategic form games: pure and mixed strategies, dominant and dominated strategies, rationalizable strategies, Nash equilibrium
  • Extensive form games: sequential rationality, backward induction, sub-game perfect equilibrium, sequential equilibrium
  • Dynamic games of complete information: bargaining games, repeated games
  • Games of incomplete information: Bayesian Nash equilibrium, perfect Bayesian equilibrium

Course Material

  • Course material will be posted here