Courses Bachelor Display 2025-2026

Course Description To PDF
Course title Game Theory and Economics
Course code EBC2110
ECTS credits 6,5
Assessment Whole/Half Grades
Period
Period Start End Mon Tue Wed Thu Fri
2 27-10-2025 12-12-2025 X X X
Level Advanced
Coordinator Marc Schröder
For more information: m.schroder@maastrichtuniversity.nl
Language of instruction English
Goals
Knowledge of the main concepts in cooperative and non-cooperative game theory; skills in applying these concepts in economic models.
Description
This course discusses the main concepts from non-cooperative and cooperative game theory:
* Non-cooperative game theory: Nash equilibrium, subgame perfect equilibrium, and Bayesian equilibrium.
* Cooperative game theory: core, Shapley value, nucleolus.
Applications range from auctions to job market signalling, and cost allocation.
Literature
Game Theory: A multi-leveled approach, author: Hans Peters/Springer 2015 2nd edition.
Prerequisites
PREREQUISITES
  • The course is open for all students, although Economics students should be aware of the challenging technical level of this course. The course Thinking strategically could be a proper alternative.
  • This course is compulsory for 2nd-year students Econometrics and Operations Research.
  • Exchange students need to follow a Bachelor in economics, not in business and must have a decent level in mathematics, especially calculus. Some prior knowledge about microeconomics would be helpful.
  • An advanced level of English.
TRANSITIONAL REGULATIONS
  • Bachelor Economics and Business Economics - Economics and Management of Information [2024-2025 or earlier]
  • Bachelor Economics and Business Economics - International Business Economics [2024-2025 or earlier]
  • From 2025-2026 onwards, education and exam/resit opportunities are offered.
    Alternative options may be available. See the Bachelor EER 2025-2026 Appendix I Article 16 for more information.
Academic YearEducationExam/ResitReplacement(s)
2025-2026 onwardsXXSee the Bachelor EER 2025-2026 Appendix I Article 16 for more information
Teaching methods (indicative; course manual is definitive) PBL / Presentation / Lecture / Groupwork
Assessment methods (indicative; course manual is definitive) Written Exam / Assignment
Evaluation in previous academic year For the complete evaluation of this course please click "here"
This course belongs to the following programmes / specialisations
Bachelor Business Analytics Year 3 Elective Course(s)
Bachelor Economics and Business Economics - Economics Year 3 Quantitative Economics Elective(s)
Bachelor Economics and Business Economics - Emerging Markets Year 3 Elective Course(s)
Bachelor Economics and Business Economics - Economics and Management of Information In transition - Year 2+3 QE Electives
Bachelor Economics and Business Economics - Economics and Management of Information Year 3 Quantitative Economics Elective
Bachelor Economics and Business Economics - International Business Economics In transition - Maj Accounting - QE Elec
Bachelor Economics and Business Economics - International Business Economics In transition - Maj Finance - QE Elec
Bachelor Economics and Business Economics - International Business Economics In transition - Maj Inf Mgmt - QE Elec
Bachelor Economics and Business Economics - International Business Economics In transition - Maj Marketing - QE Elec
Bachelor Economics and Business Economics - International Business Economics In transition - Maj Org - QE Elec
Bachelor Economics and Business Economics - International Business Economics In transition - Maj SCM - QE Elec
Bachelor Economics and Business Economics - International Business Economics In transition - Maj Strategy - QE Elec
Bachelor Economics and Business Economics - International Business Economics Year 3 Quantitative Economics Elective
Bachelor Econometrics and Operations Research Year 2 Compulsory Course(s)
Bachelor Fiscal Economics Annex 1 Electives
Bachelor International Business - Emerging Markets Year 3 Elective Course(s)
Bachelor International Business Year 3 QE Elec(s) - Maj Accounting
Bachelor International Business Year 3 QE Elec(s) - Maj Finance
Bachelor International Business Year 3 QE Elec(s) - Maj Inf Mgmt
Bachelor International Business Year 3 QE Elec(s) - Maj Marketing
Bachelor International Business Year 3 QE Elec(s) - Maj Org
Bachelor International Business Year 3 QE Elec(s) - Maj SCM
Bachelor International Business Year 3 QE Elec(s) - Maj Strategy
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SBE Exchange Master Bachelor Exchange Courses
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