Information Package / Course Catalogue
| Course Code | : İKP621 |
| Course Type | : Area Elective |
| Couse Group | : Third Cycle (Doctorate Degree) |
| Education Language | : Turkish |
| Work Placement | : N/A |
| Theory | : 3 |
| Prt. | : 0 |
| Credit | : 3 |
| Lab | : 0 |
| ECTS | : 5 |
The course aims to empower the student with the ability to analyze a problem regarding the Game Theory by making use of scientific economic tools, and offer policy proposals.Students are also expected to be able to scientifically criticize an article appearing in a newspaper or any other news media after taking this course or during the semester, not necessarily for exam purposes. That will prepare the student for the evercompetitive job market by helping them gain critical thinking in the scientific methodology.
The course covers the analysis of strategic behaviors in everyday life. Most of the times, people and firms are in competition and have to behave strategically to maintain their best interests. Behaving strategically means that an agent must accept other’s existence and consider their decisions as well when deciding. Our best interest may harm others whom we are living with. The merit is to find a (the) best solution maximizing the utility under given conditions.
| 1. | Will be able to explain the main equilibrium concepts of game theory like Nash equilibrium, iterated elimination of strictly dominated strategies, subgame perfect equilbirium, backwards induction. |
| 2. | Will be able to infer possible outcomes of static and dynamic games. |
| 3. | Will be able to model the strategic interaction of firms in oligopolistic market structures in the scope of game theory. |
| 4. | Will be able to estimate the results of strategic interaction of firms in oligopolistic market structures in the scope of game theory. |
| 5. | Will be able to explain the auction theory and its implications. |
| 1. | Game Theory for Applied Economists, Robert Gibbons, Princeton University Press. |
| Type of Assessment | Count | Percent |
|---|---|---|
| Midterm Examination | 1 | %40 |
| Final Examination | 1 | %60 |
| Activities | Count | Preparation | Time | Total Work Load (hours) |
|---|---|---|---|---|
| Lecture - Theory | 14 | 2 | 3 | 70 |
| Individual Work | 14 | 1 | 2 | 42 |
| Midterm Examination | 1 | 8 | 1 | 9 |
| Final Examination | 1 | 9 | 1 | 10 |
| TOTAL WORKLOAD (hours) | 131 | |||
PÇ-1 | PÇ-2 | PÇ-3 | PÇ-4 | PÇ-5 | PÇ-6 | PÇ-7 | |
OÇ-1 | 4 | 3 | 3 | 3 | 3 | 3 | 3 |
OÇ-2 | 4 | 4 | 4 | 4 | 5 | 4 | 4 |
OÇ-3 | 4 | 4 | 4 | 3 | 3 | 3 | 3 |
OÇ-4 | 5 | 5 | 5 | 3 | 3 | 3 | 3 |
OÇ-5 | 3 | 3 | 3 | 5 | 5 | 5 | 5 |