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Strategic Thinking for Global Governance (2235.YR.009434.2)

General information

Type:

 BAS

Curs:

 2

Period:

 S semester

ECTS Credits:

 4 ECTS

Teaching Staff:

Group Teacher Department Language
Year 2 Juan Pedro Aznar Alarcón Economía, Finanzas y Contabilidad ENG
Year 2 Jordi Vives Perez Economía, Finanzas y Contabilidad ENG

Previous Knowledge

T

COURSE CONTRIBUTION TO PROGRAM

Game Theory help anyone interested in social science to understand interactions between different agents with different objectives, in this context it provides students with useful tools to analyze firms decision in oligopolisitic markets, interactions between nations, interaccions between different political parties and many other situations that can be represented through Game Theory models. It is an important subject for anyone that wants to specialize in Global Economics or Politics and with interest in understanding the governance of instituions.

Course Learning Objectives

You will:
- Familiarize yourself with the main tools of game theory;
- Apply those tools to real world situations (with a focus on international relations, voting systems and Economics);
- Upgrade your analytical skills in an intellectually and professionally useful manner.
- Acquire an additional set of tools to analyze complex situations in social, economic, politics and international relations contexts.

CONTENT

1. Introduction to Strategic Thinking and Game Theory

2. Dominant strategies and Nash Equilibrium

3. Sequential Games

4. Game Theory applications in International Relations and Politics

5. Game Theory applications in Economics

6. 7. Voting systems

7. Game Theory and imperfect information

Introduction to imperfect information. Bayesian Nash Equilibrium
Economics of imperfect information: Moral hazard and adverse selection

8. Introduction to Cooperative Games

Relation between Activities and Contents

1 2 3 4 5 6 7 8
Final exam                
Test of each relevant topic                
Class participation                

Methodology

The dynamics of the sessions are:

1) Discussion of the exercises students have been working for a week.
2) Introduction to new syllabus. Concepts, analytical tools and application.
3) Students will work in small groups some problems for 20-25 minutes.
4) There is a final discussion of the problems students have been working in their groups.

ASSESSMENT

ASSESSMENT BREAKDOWN

Description %
Final exam 45
Test of each relevant topic 45
Class participation 10

Assessment criteria

Test of each relevant topic (45%)
Final exam (45%)
Class participation (20%)

The minimum mark in the final exam in order to pass the subject is 5 out of 10.
The minimum mark to pass the course is at least a 4 in the average grade for the test at the end of the most relevant topcis.

Attendance is compulsory. Minimum attendace to have right to take the exam is 80%, minimum attendance requiered to do the resit exam is 50%



According to the Law Faculty regulation students must attend at least 80% of the session to have the right to take the exam, in order to be able to take the retake exam attendance must be at least 50%.

This Teaching Guide will be subject to those modifications deemed necessary in order to adapt it to the reality which eventually may require the imposition of certain restrictions on the development of teaching by the competent authorities.

Bibliography

There are many books that cover most of the syllabus, some of the books you can work with are:

Dixit, A., and S. Skeath (2014), GAMES OF STRATEGY. New York: W.W. Wiley. (Any older edition is fine, too, provided it is from after 2003.)

Game Theory from Steven Tadelis

To practice with exercises you can work with

Strategy and Game Theoy, Springer, Felix Muñoz García and Daniel Toro

There other resources avaialble such as the collection of videos Game Theory 101





Timetable and sections

Group Teacher Department
Year 2 Juan Pedro Aznar Alarcón Economía, Finanzas y Contabilidad
Year 2 Jordi Vives Perez Economía, Finanzas y Contabilidad

Timetable Year 2

From 2024/2/15 to 2024/3/22:
From Thursday to Friday from 14:45 to 17:15. (Except: 2024/2/16, 2024/2/23, 2024/3/1, 2024/3/8 and 2024/3/15)

From 2024/4/4 to 2024/5/16:
From Thursday to Friday from 14:45 to 17:15. (Except: 2024/4/26, 2024/5/3 and 2024/5/10)

Thursday 2024/5/30 from 14:15 to 17:30.

Wednesday 2024/7/3 from 14:15 to 17:30.