| Area: | School of Economics and Finance |
| Credits: | 25.0 |
| Contact Hours: | 3.0 |
| Lecture: | 1 x 2 Hours Weekly |
| Tutorial: | 1 x 1 Hours Weekly |
| Syllabus: | Development of the ability to use analysis that can be applied to strategic decision making. The basic concepts and techniques of game theory are examined and applied to situations of conflict and co-operation among players whose decisions interact. Problems from auctions, bargaining, contracting and creating incentive structures are examined. |
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| Unit Outcomes: | On successful completion of this unit students will have- Understanding of the importance of competition and co-operation. Become able to apply game theory to the analysis of competition and co-operation. Understanding of the role of strategic behaviourin influencing outcomes. |
| Text and references listed above are for your information only and current as of September 30, 2003. Please check with the unit coordinator for up-to-date information. |
| Unit References: | No prescribed references. |
| Unit Texts: | Dixit, A. and Skeath, S. (1999). Games of Strategy. New York, Norton. |
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| Unit Assessment Breakdown: | Continuous assessment 50%, Examination 50%. This is by grade/mark assessment. |
| Year | Location | Period | Internal | Area External | Central External | | 2004 | Bentley Campus | Semester 2 | Y | | | |
