Course 005 : Syllabus
Course 005 : Introduction to Game Theory
Part-A
Notes:
Lecture Note: Mixed strategy and existence of Nash equilibrium
Lecture Note: Subgame Perfect Nash equilibrium and One Deviation Property
Books:
1. Osborne, An introduction to game theory, Indian edition
2. Muthoo, Bargaining theory with applications
Syllabus:
- Strategic form games [Osborne: 2,3.1*,3.2*,3.3*,4.1-4.10]: Strategy, Payoff; Dominant strategy; Nash equilibrium; Mixed strategy Nash equilibrium; Iterated elimination
- Extensive form games [Osborne: 5,6.1*,6.2*,7]: Strategy, Payoff, Nash Equilibrium, Subgame perfect Nash equilibrium, One deviation property and backward induction, Games with probabilistic outcome
- Bargaining [Muthoo: 3.2,3.3*]: Alternating offers bargaining: finite and infinite horizon [Muthoo: 3]; Axiomatic bargaining (if time permits)
Note
Sections marked with (*) and some sections in Osborne under the heading ‘Illustration/Example’ may not be covered in lectures/tutorials. Students are expected to read these sections on their own.
Interesting (non-technical) readings on history and use of Game theory:
Ken Binmore, Playing for real
Dark history of game theory? (BBC Documentary: Pandora's Box, A Fable From The Age Of Science, watch Part 2)
[Experiment] How good are game theory predictions? , Introduction chapter of 'Behavioral Game theory: Experiments in strategic interaction' (Camerer)
Problem set, Assessment:
Problem set 1, Problem set 2, Problem set 3
Model Answers (Part-A): Mid term 2015 (Mid term 2015 QP), Make-up mid term 2015 (Make-up mid term 2015 QP),
Mid term 2016 solution (Mid term 2016 QP), Mid term 2017 (Mid term 2017 QP)
Model Answers (Part-A) Final Exam 2015 (Final exam 2015 QP), Final exam 2014 (Final exam 2014 QP),
Internal Assessment 2017:
(M.A. students) First mid term: 27th February 2017, Syllabus: Topic 1 and 2