Undergraduate Studies
Academic Year 2025-26
Game Theory
Files and Links
- Course Outline .pdf (Greek)
- Course Outline .pdf (English)
- Full Description @courses.xrh
- Link to e-class
5th or 7th Semester
ΧΡΜΘΠ02
Course id
7,5
ECTS
Special Background
Course type
This course presents the core ideas of game theory. Game theory provides a logical apparatus designed to help us understand the decision-making if economic agents interact. The game theory models are highly abstract; therefore, the domain of applications is vast. Here we present the main toolkit of game theory and its application in fundamental issues of microeconomic theory.
With the successful completion of the course, students will be sufficiently capable to:
- comprehend game theory techniques in a generic decision-making environment.
- assess the microeconomic foundations of economic phenomena in a strategic setting
- undertake strategic decisions in real-life situations.
- Decision making,
- Working independently,
- Production of new research ideas
- Strategic Games – Nash Equilibrium, Strategic Dominance, Mixed-Strategy equilibrium, Bayesian Games in strategic form, Pre-Play Communication, Correlated Equilibrium
- Extensive Games – Sequential Decision Games with complete information, Backward Induction, Subgame Perfect Nash Equilibrium, Games with Incomplete Information, Sequential Equilibrium, Games with Imperfect Information, Bayesian Nash Equilibrium, Forward Induction, Screening Games.
- Repeated Games – Repeated Games with Perfect Recall, Repeated Games with Discounting, Folk Theorem, Strategies as Automata.
- Bargaining Theory – Nash Solution, Other forms of solution.
- Cooperative Games – The Core, The Shapley value, The Bargaining Set
