Game Theory and Rationality

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The aim of the course is to give an introduction to fundamental concepts of game  theory and to explore the concept of rationality and a series of applications and extensions of game theory. We focus on the effects of individual rationality and also the aggregate behaviour between agents in a large population. What are general principles for rational action? How well does this describe human behavior in practice? 

 

The final content of the course can and will be influenced by the students attending it (i.e. other topics may be added to this list). Topics that were covered in last year’s version of the course include: 

Basic game-theoretic concepts, theory and principles of rational decision-making, backward induction and the rationality paradox, analysis of repeated interaction, tragedy of the commons, evolutionary game theory, public good games, agent-based models in economics, behavioural economics and the environment, bargaining theory and dynamic games. 

The course was developed by Kristian Lindgren and Erik Sterner following a request (from Erik and a few of his classmates) to Kristian, asking him if he could give a course in game theory. It was first given in 2010 and 2011. After a break and work on the course format the formal criteria for becomming an electable masters course was reached during 2013 and the course will be given starting autumn 2014 (Quarter 2).  

Erik Sterner

Erik Sterner is since 2011 working with climate change using simple climate models. In more detail he focuses on the effects of short lived climate forcers, like Black Carbon, on the climate system and compares them to the effects of carbon dioxide. The aim of his research is to contribute to the understanding of the climate change abatement strategies that the short lived climate forcers offer. Erik has always been interested in pedagogics. Originally the interest was bound to a “maths-mentorship” called Intize but has during his PhD-studies switched into development of courses etc.

Position: PhD candidate, Creator of studycas.com

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