28873 - Microeconomics 1

Course Unit Page

Academic Year 2019/2020

Learning outcomes

At the end of the course the student knows how to identify environments with strategic interaction and to use the formal language of game theory. He/she is able to recognize the major strategic ingredients and to predict behavior and outcomes in both real and abstract games. He/she understands the role of information and of dynamics in strategic interaction environments.

Course contents

1. Games in normal form

2. Games in extensive form

3. Nash equilibrium

4. Refinement of Nash Equilibrium

5. Games of incomplete information

6. Mechanism design

7. Signaling models

Readings/Bibliography

Either

Microeconomic Theory, Andreu Mas-Colell, Michael D. Whinston and Jerry R. Green, Oxford University press (PART II)

or

A Primer in Game Theory, Robert Gibbons, Pearson

Teaching methods

Lectures and classes

Assessment methods

Written, closed book exam

Office hours

See the website of Vincenzo Denicolò