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Information
| Unit | FACULTY OF ECONOMICS AND ADMINISTRATIVE SCIENCES |
| ECONOMETRICS PR. | |
| Code | EKMS410 |
| Name | Game Theory |
| Term | 2021-2022 Academic Year |
| Semester | 8. Semester |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 6 ECTS |
| National Credit | 3 National Credit |
| Teaching Language | Türkçe |
| Level | Lisans Dersi |
| Type | Normal |
| Label | E Elective |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Prof. Dr. ERSİN KIRAL |
| Course Instructor |
Prof. Dr. ERSİN KIRAL
(Bahar)
(A Group)
(Ins. in Charge)
|
Course Goal / Objective
the aim of this course is to determine the optimum strategy for dealing with a given situation or confrontation.
Course Content
İntroduction, Nash Equilibrium: Theory, Nash Equilibrium: Illustrations, Mixed Strategy Equilibrium, Extensive Games with Perfect Information: Theory, Extensive Games with Perfect Information: Theory,Extensive Games with Perfect Information: Extensions and Discussion,Bayesian Games, Extensive games with imperfect information , Strictly Competitive Games and Maxminimization, Repeated games: The Prisoners Dilemma, Infinitely repeated games, Nash equilibria of general infinitely repeated games , Finitely repeated games
Course Precondition
Resources
Notes
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Students gain analytical thinking and problem solving skills |
| LO02 | student gains ability of construction of mathematical models |
| LO03 | Students will be able to model of a game problem in the real life |
| LO04 | Forecast Game theory problem using an econometric software |
| LO05 | obtain, edit and analyze the data |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | Explain the basic concepts and theorems in the fields of Econometrics, Statistics and Operations research | 3 |
| PLO02 | Bilgi - Kuramsal, Olgusal | Acquires basic Mathematics, Statistics and Operation Research concepts | 3 |
| PLO03 | Bilgi - Kuramsal, Olgusal | Describes the necessary concepts of Business | |
| PLO04 | Beceriler - Bilişsel, Uygulamalı | Equipped with the foundations of Economics, and develops Economic models | 2 |
| PLO05 | Beceriler - Bilişsel, Uygulamalı | Models problems with Mathematics, Statistics, and Econometrics | 3 |
| PLO06 | Beceriler - Bilişsel, Uygulamalı | Analyzes/interprets at the conceptual level to develop solutions to problems | 3 |
| PLO07 | Beceriler - Bilişsel, Uygulamalı | Collects/analyses data from reliable data sources for the purpose of study | 3 |
| PLO08 | Beceriler - Bilişsel, Uygulamalı | Interprets the results analyzed with the model | 5 |
| PLO09 | Beceriler - Bilişsel, Uygulamalı | Combines the information obtained from different sources within the framework of academic rules in a field of research | 4 |
| PLO10 | Beceriler - Bilişsel, Uygulamalı | Adapts traditional approaches, practices and methods to a new study when necessary | 4 |
| PLO11 | Beceriler - Bilişsel, Uygulamalı | Uses a package program of Econometrics, Statistics, and Operation Research | 2 |
| PLO12 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Leads by taking responsibility individually and/or within the team | |
| PLO13 | Yetkinlikler - Öğrenme Yetkinliği | In addition to herself/himself professional development, constantly improves in scientific, cultural, artistic and social fields in line with interests and abilities | |
| PLO14 | Yetkinlikler - Öğrenme Yetkinliği | Being aware of the necessity of lifelong learning, it constantly renews itself by following the current developments in its field. | 2 |
| PLO15 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Uses Turkish and at least one other foreign language, academically and in the business context | |
| PLO16 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Interprets the feelings, thoughts and behaviors of the related persons correctly/expresses himself/herself correctly in written and verbal form | |
| PLO17 | Yetkinlikler - Alana Özgü Yetkinlik | Interprets data on current economic and social issues | 2 |
| PLO18 | Yetkinlikler - Alana Özgü Yetkinlik | Applies social, scientific and professional ethical values | 4 |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | introduction | Students will be prepared by studying relevant subjects from source books according to the weekly program | |
| 2 | Nash Equilibrium: Theory | Students will be prepared by studying relevant subjects from source books according to the weekly program | |
| 3 | Nash Equilibrium: Illustrations | Students will be prepared by studying relevant subjects from source books according to the weekly program | |
| 4 | Mixed Strategy Equilibrium | Students will be prepared by studying relevant subjects from source books according to the weekly program | |
| 5 | Extensive Games with Perfect Information: Theory | Students will be prepared by studying relevant subjects from source books according to the weekly program | |
| 6 | Extensive Games with Perfect Information: Theory | Students will be prepared by studying relevant subjects from source books according to the weekly program | |
| 7 | Extensive Games with Perfect Information: Extensions and Discussion | Students will be prepared by studying relevant subjects from source books according to the weekly program | |
| 8 | Mid-Term Exam | Students will be prepared by studying relevant subjects from source books according to the weekly program | |
| 9 | Bayesian Games | Students will be prepared by studying relevant subjects from source books according to the weekly program | |
| 10 | Extensive games with imperfect information | Students will be prepared by studying relevant subjects from source books according to the weekly program | |
| 11 | Strictly Competitive Games and Maxminimization | Students will be prepared by studying relevant subjects from source books according to the weekly program | |
| 12 | Repeated games: The Prisoners Dilemma | Students will be prepared by studying relevant subjects from source books according to the weekly program | |
| 13 | Infinitely repeated games | Students will be prepared by studying relevant subjects from source books according to the weekly program | |
| 14 | Nash equilibria of general infinitely repeated games | Students will be prepared by studying relevant subjects from source books according to the weekly program | |
| 15 | Finitely repeated games | Students will be prepared by studying relevant subjects from source books according to the weekly program | |
| 16 | Term Exams | Students will be prepared by studying relevant subjects from source books according to the weekly program | |
| 17 | Term Exams | Students will be prepared by studying relevant subjects from source books according to the weekly program |
Assessment (Exam) Methods and Criteria
| Assessment Type | Midterm / Year Impact | End of Term / End of Year Impact |
|---|---|---|
| 1. Midterm Exam | 100 | 40 |
| General Assessment | ||
| Midterm / Year Total | 100 | 40 |
| 1. Final Exam | - | 60 |
| Grand Total | - | 100 |
Student Workload - ECTS
| Works | Number | Time (Hour) | Workload (Hour) |
|---|---|---|---|
| Course Related Works | |||
| Class Time (Exam weeks are excluded) | 14 | 3 | 42 |
| Out of Class Study (Preliminary Work, Practice) | 14 | 5 | 70 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 0 | 0 | 0 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 15 | 15 |
| Final Exam | 1 | 30 | 30 |
| Total Workload (Hour) | 157 | ||
| Total Workload / 25 (h) | 6,28 | ||
| ECTS | 6 ECTS | ||