GAME THEORY FOR ECONOMICS - 86075

insegnamento
ID:
86075
Dettaglio:
SSD: ECONOMIA POLITICA Durata: 48 CFU: 6
Sede:
BERGAMO
Url:
ECONOMIA - 86-270/ECONOMIA Anno: 3
Anno:
2025

Dati Generali

Periodo di attività

Secondo Semestre (16/02/2026 - 29/05/2026)

Syllabus

Obiettivi Formativi

This course introduces the tools and concepts of non-cooperative game theory as developed in Gibbons (1992). It covers strategic and extensive form games, games with incomplete information, and basic applications in industrial organization, contract theory, and political economy.


Prerequisiti

.


Metodi didattici

Frontal Lectures


Verifica Apprendimento

Final exam or applied project



Contenuti

Introduction to Game Theory

  • Strategic interaction and rationality
  • Game representations: normal and extensive form
  • Gibbons, Ch. 1.1–1.2

Static Games of Complete Information

  • Dominant strategies and Nash equilibrium
  • Examples: Cournot competition, Bertrand pricing
  • Gibbons, Ch. 1.3–1.5

Mixed Strategy Equilibria

  • When pure strategies fail
  • Mixed strategies in matching pennies, market entry
  • Gibbons, Ch. 1.6

Dynamic Games of Complete Information

  • Extensive form games and subgame perfection
  • Backward induction and credible threats
  • Gibbons, Ch. 2.1–2.2

Applications of SPNE

  • Stackelberg competition
  • Sequential bargaining and commitment
  • Gibbons, Ch. 2.3–2.4

Repeated Games (Optional Extension)

  • Finitely vs. infinitely repeated games
  • Cooperation and punishment strategies
  • Supplementary notes (not covered in Gibbons)

Static Games of Incomplete Information (Bayesian Games)

  • Types, beliefs, and Bayes–Nash Equilibrium
  • Examples: auctions, labor markets
  • Gibbons, Ch. 3.1–3.2

Dynamic Games of Incomplete Information

  • Perfect Bayesian Equilibrium
  • Signaling and screening in labor and product markets
  • Gibbons, Ch. 4.1–4.3

Applications and Case Studies

  • Signaling games (education, pricing)
  • Reputation and strategic uncertainty
  • Gibbons, Ch. 4.4 and extensions

Review and Extensions

  • Summary of solution concepts
  • Trade-offs between generality, tractability, and realism
  • Student presentations or case discussions



Risorse Online

Altre informazioni

Primary Textbook

Robert Gibbons, A Primer in Game Theory, Pearson Education, 1992.

This concise and rigorous textbook introduces the core tools of game theory with a strong focus on economic applications. It is especially suitable for students in economics, business, and political science who want a solid theoretical foundation.


Corsi

Corsi

ECONOMIA - 86-270 
Laurea
3 anni
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Persone

Altre Info

Insegnamento principale

GAME THEORY FOR ECONOMICS