| Module Identifier | EC30110 | ||
| Module Title | OLIGOPOLY AND INTRODUCTION TO GAME THEORY | ||
| Academic Year | 2000/2001 | ||
| Co-ordinator | Professor John Cable | ||
| Semester | Semester 1 | ||
| Pre-Requisite | EC30230 | ||
| Mutually Exclusive | EC31510 | ||
| Course delivery | Lecture | 10 Hours | |
| Seminars / Tutorials | 4 Hours | ||
| Assessment | Exam | 1.5 Hours | 100% |
Aims
This module provides an introduction to central concepts of non-cooperative game theory and illustrates their application to oligopoly.
Learning outcomes
On completion of this course students will have an understanding of important game-theoretic concepts such as stratiegic dominance, Nash equilibrium and subgame perfect equilibrium, as well as their application to oligopoly.
Module outline
The current year's module outline can be found via The School's website
Reading Lists
Books
R Gibbons,. (1992)
A Primer in Game Theory. Harvester Wheatsheaf
B Lyons and Y Varoufakis. (1989)
"Game Theory, Oligopoly and Bargaining", in J D Hey (ed) Current Issues in Microeconomics,. Macmillan
H Dixon. (1988)
"Oligopoly Theory made Simple", in S Davies, et al, Economics of Industrial Organisation. Longman
B C Eaton, D F Eaton and D W Allen. (1999)
Microeconomics. 4th. Prentice Hall, Chapter 15.