Microeconomics 3: game theory and imperfect competition
Game theory, imperfect competition, adverse selection, moral hazard
The course focuses on decisions and interactions between agents in the context of strategic interactions, i.e. situations in which the consequences of the actions of individuals depend on the actions taken by others, and that this mutual interdependence is recognized by those involved. The first part of the course presents different concepts of solution for predicting the outcome of a strategic interaction, the second applies these concepts to imperfect competition, and the third to information economics.
Bachelor 3rd year
Economics and Management
5
Understanding of game theory solution concepts.
Analysis of a strategic situation, selection of the appropriate solution concept and application of this concept to predict the theoretical outcome of the strategic situation.
Resolution of exercises using mathematics and economic interpretation of the results.
Lisa Anouliès - Maître de conférences - Hourly volume: 48 heures
33
15
Campus-based teaching
1