Courses Master Display 2022-2023
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| Course title | Theory of Individual and Strategic Decisions | |||||||||||||||||||||||||||||||||||||||
| Course code | EBC4197 | |||||||||||||||||||||||||||||||||||||||
| ECTS credits | 6,5 | |||||||||||||||||||||||||||||||||||||||
| Assessment | Whole/Half Grades | |||||||||||||||||||||||||||||||||||||||
| Period |
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| Level | Advanced | |||||||||||||||||||||||||||||||||||||||
| Coordinator |
Elias Tsakas For more information: e.tsakas@maastrichtuniversity.nl |
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| Language of instruction | English | |||||||||||||||||||||||||||||||||||||||
| Goals |
Participants learn the analytical tools to model and analyse individual and strategic decision problems.
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| Description |
PLEASE NOTE THAT THE INFORMATION ABOUT THE TEACHING AND ASSESSMENT METHOD(S) USED IN THIS COURSE IS WITH RESERVATION. A RE-EMERGENCE OF THE CORONAVIRUS AND NEW COUNTERMEASURES BY THE DUTCH GOVERNMENT MIGHT FORCE COORDINATORS TO CHANGE THE TEACHING AND ASSESSMENT METHODS USED. THE MOST UP-TO-DATE INFORMATION ABOUT THE TEACHING/ASSESSMENT METHOD(S) WILL BE AVAILABLE IN THE COURSE SYLLABUS.
The course introduces the tools which are necessary to model and analyse individual and strategic decisions. Thereby we do not only introduce the canonical theories but also add some non-standard behavioural approaches. In the first part we treat individual decisions (decision theory), in the second part we deal with strategic decisions (game theory). |
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| Literature |
Tadelis, S. (2013). Game theory: an introduction. Princeton University Press.
Rubinstein, A. (2012). Lecture notes in microeconomic theory: the economic agent. Princeton University Press. Bonanno, G. (2015). Game theory. Open access textbook (free download). |
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| Prerequisites |
There is no formal prerequisites. However students are expected to have a minimum level of familiarity with basic undergraduate mathematics and statistics.
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| Teaching methods (indicative; course manual is definitive) | PBL / Presentation / Lecture / Assignment | |||||||||||||||||||||||||||||||||||||||
| Assessment methods (indicative; course manual is definitive) | Participation / Written Exam | |||||||||||||||||||||||||||||||||||||||
| Evaluation in previous academic year | For the complete evaluation of this course please click "here" | |||||||||||||||||||||||||||||||||||||||
| This course belongs to the following programmes / specialisations |
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