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SOK-2001: Game theory and strategic behaviour Work Load
10 credits (ECTS) | Type of course
Theoretical subject. | Level of course/Year of study
Normally second year. | Language of instruction
Norwegian | Examination semester
Autumn
| Objectives
The course is designed to extend the range of economic tools at the disposal of the student so that strategic situations can be analysed. The course gives an introduction to the theory of games and its application | Contents
This is an intermediate course in microeconomics. Many economic situations involve a strategic element in which actors'' choices and the outcomes from these choices are interlinked. In choosing a pricing policy, for example, a firm that will take into account the choices made by its competitors. Strategic situations such as this can be analysed with the help of game theory. This course gives and introduction to the theory of games and how it can be used to study economic applications. Examples of topic covered are bargaining, incentive theory, insurance, and a wide range of applications from industrial organization. | Form of teaching
The course has multiple teaching approaches | Coursework requirements
One mid-term assessment
| Exam and assessment
One obligatory assessment. 4 hours written examination. | Contact person/lecturer
Tore Jørgensen, phone 77646015 | Recommended reading/syllabus
Available on request | Course overlap
SØ-201 -1 10 sp
SØ-221 -1 10 sp
BED-3014 -1 3 sp |
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