Courses Catalogue

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Faculdade de Economia

Game Theory II

Code

2140

Academic unit

Faculdade de Economia

Department

Área de Ensino

Credits

3.5

Teacher in charge

Steffen Hoernig

Teaching language

Inglês

Objectives

To present the concepts and tools for the analysis of situations where decision problems of various actors are interdependent and some actors possess more information than others. The focus of the course is on a simple, but rigorous treatment of the theoretical foundations and equilibrium concepts.

Subject matter

Representation of asymmetric information in games, static games with incomplete information: Bayesian Nash equilibrium, auctions, dynamic games with incomplete information: Bayesian-perfect equilibrium, signaling games, Ratchet effect.

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