Games and Contracts
- Dozent/in
- Prof. Dr. Marco Sahm
- Angaben
- Vorlesung
2 SWS
Zeit und Ort: Mi 14:00 - 16:00, F21/03.84; Einzeltermin am 21.5.2014 14:00 - 16:00, F21/03.79
- Voraussetzungen / Organisatorisches
- Beginn: 09.04.2014
Anrechnung: auf Scheinbasis (insbesondere in den industrieökonomischen MAESS-Modulen)
Voraussetzungen: Introduction into basics of microeconomics at the level of Mikoökonomik I and II (BA) at Bamberg University (e.g., Pindyck, R.S. and D.L. Rubinfeld, 2005, Microeconomics, 6e, Pearson Education International or Varian, 2006, Intermediate Microeconomics, Varian, Hal R. (2006): Intermediate Microeconomics: A Modern Approach, Sixth Edition. New York: Norton.) and solid mastery of math at least at the level of Mathematik für Wirtschaftswissenschaftler I and II (BA) at Bamberg University.
- Inhalt
- The course offers a rigorous introduction to the theory of games and contracts. The concepts of game theory permit to analyze situations of strategic interaction in which the economic agents take into account the interdependence of their decisions. Contract theory deals with situations in which a group of agents has the opportunity to realize a joint surplus but single group members have incentives to deviate from the required behavior at the expense of others. Are there mechanisms, institutions, or contracts that can enforce good conduct? This question is of particular interest whenever asymmetric information precludes contracting upon all behaviorally relevant conditions.
- Institution: Professur für Volkswirtschaftslehre, insbes. Industrieökonomik
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