Credit: | 6 |
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Status: | CSF - elective EEI and EP - elective English ET - mandatory F,FM and B - elective Masters - all MEF - elective Semester - summer |
Course supervisors: | doc. PhDr. Martin Gregor Ph.D. prof. Ing. Karel Janda M.A., Dr., Ph.D. |
Course homepage: | JEM013 |
Literature: | (G) R. Gibbons. "Game Theory For Applied Economists." Princeton University Press. 1992. (S) O. Shy. "Industrial Organization. Theory and Applications." MIT Press, 1995. (BM) P. Belleflamme and M. Peitz. "Industrial Organization. Markets and Strategies." Cambridge University Press. 2015. (MWG) A. Mas-Colell, M. Whinston, and J. Green. "Microeconomic Theory." Oxford University Press. 1995. Lecture and Seminar Material. |
Description: | The course provides a graduate level introduction to game theory and its applications to the industrial organization. After completion of the course the students will become familiar with concepts of Nash equilibrium, Subgame Perfect Nash equilibrium and Bayesian Nash equilibrium. The lectures and practical sessions will provide understanding of how firms compete under complete and incomplete information, why firms provide differentiated products and why firms advertise. |