Information Package / Course Catalogue
Economic Applications of Game Theory
Course Code: ECN534
Course Type: Area Elective
Couse Group: Second Cycle (Master's Degree)
Education Language: Turkish
Work Placement: N/A
Theory: 3
Prt.: 0
Credit: 3
Lab: 0
ECTS: 5
Objectives of the Course

It is aimed to show the application areas of the theoretical knowledge given in the framework of Game Theory and to explain the relations between economic agents by using Game Theory models.

Course Content

Defining, classifying and formulating games, zero-sum games, positive-sum games, repetitive games, solutions of games, Cournot model, Bertrand model, electoral competition, mixed Strategies, confession, Stackelberg model, tariffs and international competition, coalition games, ownership and wealth distribution, collusion in the Cournot model, effective wages and time-consistent monetary policy, Cournot model under asymmetric information, procurement of public goods, auction, bargaining, trade in the market...

Name of Lecturer(s)