5 credits
30.0 h + 10.0 h
Q2
Teacher(s)
Davila Muro Julio;
Language
English
Main themes
The first part of the course provides the basis of decision theory and game theory. The second part is devoted to the economy of uncertainty. The third part is devoted to the Information Economy
Aims
At the end of this learning unit, the student is able to : | |
| 1 | This course is designed for students of the orientation of the economy Bac ECGE (BAC3) who want to deepen the analysis of economic problems associated with uncertainty and information based on the tools of decision theory and games. The themes of uncertainty and information are vast. We chose to address the most important during the first ten weeks. We suggest a range of topics of interest for weeks: each year, specific topics will be treated according to the needs and tastes of students attending the course. An initial list of topics of interest is suggested. At the end of the course, students will master the theory of games used in the uncertain economy and information and be able to apply to economic problems in concrete they are relevant as tools for analysis and decision support. |
The contribution of this Teaching Unit to the development and command of the skills and learning outcomes of the programme(s) can be accessed at the end of this sheet, in the section entitled “Programmes/courses offering this Teaching Unit”.
Content
Normal form games. Dominated strategies. Rationalisable strategies. Nash equilibria. Extensive from games. Sequential rationality. Backward induction. Subgame perfection. Signalling games. Adverse selection. Moral Hazard. Hidden information
Teaching methods
Lectures and exercises sessions
Evaluation methods
The grade will be determined by a final written examination
Other information
Prerequisite course Mathematics 1 and 2
Online resources
Lecture notes and homeworks for the exercises sessions available on Moodle
Bibliography
- Lecture notes and homeworks for the exercises sessions available on Moodle
Teaching materials
- Lecture notes and homeworks for the exercises sessions available on Moodle
Faculty or entity
ESPO
Programmes / formations proposant cette unité d'enseignement (UE)
Title of the programme
Sigle
Credits
Prerequisites
Aims
Bachelor in Philosophy, Politics and Economics
Master [120] in Agricultural Bioengineering
Master [120] in Chemistry and Bioindustries
Master [120] in Environmental Bioengineering
Master [120] in Forests and Natural Areas Engineering
Minor in Economics
Additionnal module in Economics
Additionnal module in Mathematics