|
HU Credits:
3
Degree/Cycle:
2nd degree (Master)
Responsible Department:
environmental economics & management
Semester:
2nd Semester
Teaching Languages:
Hebrew
Campus:
Rehovot
Course/Module Coordinator:
Guni Orshan
Coordinator Office Hours:
Sunday 12:00-13:00
Teaching Staff:
Dr. Guni Orshan
Course/Module description:
The extensive form and the strategic form of non-cooperative games, pure and mixed strategies, Nash equilibrium, cooperative games with side payments, the core, the Shapley value.
Course/Module aims:
Basic concepts in non-cooperative games and cooperative games.
Learning outcomes - On successful completion of this module, students should be able to:
Introduce the extensive and the strategic form of non-cooperative games.
Find the equilibria of certain non-cooperative games.
Introduce the classical model of transferable utility cooperative games.
Compute the core and the Shapley value of certain cooperative games.
Relate the mathematical models to well known political, economic and negotiation conflicts.
Attendance requirements(%):
100
Teaching arrangement and method of instruction:
Lecture + exercise
Course/Module Content:
Non-cooperative games:
Introduction and basic concepts of non-cooperative games, the chess theorem, the extensive form of non-cooperative games, games with perfect information and without perfect information, the concept of a strategy, the strategic (normal) form of non-cooperative games, dominated strategies, zero-sum games, maxmin strategies and the max-min value, mixed strategies, Nash equilibrium,
Cooperative games with side payments:
The definition of cooperative games with side payments, the meaning of solution concepts, the core, the Shapley value, an axiomatic characterization of the Shapley value, the Shapley value of simple monotonic games.
Required Reading:
None
Additional Reading Material:
Game Theory (in Hebrew), Shmuel Zamir, Michael Maschler, Eilon Solan, Magness Press
Game Theory 20216 (in Hebrew), Robert J. Aumann, Shmuel Zamir, Yair Tauman, The Open university of Israel.
Course/Module evaluation:
End of year written/oral examination 90 %
Presentation 0 %
Participation in Tutorials 0 %
Project work 0 %
Assignments 10 %
Reports 0 %
Research project 0 %
Quizzes 0 %
Other 0 %
Additional information:
-
|
