Game Theory

2022/2023

Учебный год

ENG

Обучение ведется на английском языке

4

Кредиты

Кто читает:

Департамент социологии

Статус:

Курс обязательный

Когда читается:

3-й курс, 1 модуль

Course Syllabus

Abstract

The aim of this course is to familiarize students with the theoretical apparatus and practical methods of application of game theory in economics and social sciences. The theoretical grounds of game theoretical models will be also discussed, such as the idea of rational agent and the idea of connection between micro- and macro-behavior. Also the strategic behavior in the conditions of incomplete information will be studied, as well as evolutionary models and their applications in biology, economy and social sciences

Learning Objectives

• As a result of successful mastery of the discipline, students will know: • conceptual apparatus of game theory and decision theory; • different classes of games (games in normal and extensive form, multistage games, games with imperfect information); • how to find Nash equilibrium in normal form games and evolutionary stable equilibrium in games in extensive form. Students will be able: • solve game-theoretical problems; • construct simple game-theoretical models and to apply these models in economics and social sciences.

Expected Learning Outcomes

• Demonstrate an in-depth knowledge and critical understanding of main concepts of game theory and methods of its applications in social and behavioral sciences
• Apply knowledge of game theoretical methods for constructing game theoretical models for social phenomena and social processes
• Solve simple problems for games in normal and extensive form, such as finding Nash equilibria and using backward induction

Course Contents

• Introduction
• Games in Normal Form. Nash Equilibrium
• Games with Imperfect Information, Evolutionary Game Theory, Behavioral Game Theory

Assessment Elements

• Participation and activity in class
• In-class test
  Includes problems for games in normal and strategic form
• Written exam
  The task is to explain theoretical notion in game theory and to solve a simple problem

Interim Assessment

• 2022/2023 1st module
  0.2 * Participation and activity in class + 0.4 * Written exam + 0.4 * In-class test

Bibliography

Recommended Core Bibliography

• Binmore, K. G. (2007). Game Theory: A Very Short Introduction. New York: OUP Oxford. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=209659
• Schecter, S., & Gintis, H. (2016). Game Theory in Action : An Introduction to Classical and Evolutionary Models. Princeton: Princeton University Press. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=1090910

Recommended Additional Bibliography

• Crisman, K.-D. (2014). Game Theory Meets the Humanities and Both Win OR Book Review: Game Theory and the Humanities: Bridging Two Worlds, by Steven J. Brams. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsbas&AN=edsbas.1F44E4E1
• Vega-Redondo, F. (2003). Economics and the Theory of Games. Cambridge, UK: Cambridge University Press. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=125043