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Spring 2002
Find out about software used to
access course materials.
Materials from the other quarters.
Editable version of the class slides.
LECTURES
Thu 9:30 AM - 10:45 AM Fowler A103B
Tue 9:30 AM - 10:45 AM Fowler A103B
SCHEDULE
Click on the
lecture in the schedule below for the slides.
Problem sets
may be changed. Please check the discussion
page to learn when the final versions of problems sets are posted. Problem sets are due at 3 pm on the indicated
date.
Bierman and Fernandez reading is optional. Chapters numbers are
from 2nd edition of the book; chapter titles
are given as well.
Week |
Date |
Lecture |
Assignment Due |
reading in Bierman and Fernandez |
Other Material |
|
| 1 | Tue Apr 2 | Monopoly | Spreadsheet elasticity 1, 2 |
|||
| Section | REVIEW OF ECON 11 | |||||
| Thu Apr 4 | Duopoly and the Prisoner's Dilemma | 1.1 (Nash Equilibrium: Introduction)-1.4 (Dominant Strategy Equilibrium) | ||||
| 2 | Tue Apr 9 | Dominance and the Second Price Auction | 1.5 (Iterated Dominant Strategy Equilibrium) | |||
| Section | Lagrange Multipliers, Second Price Auctions | review problems, review answers | ||||
| Thu Apr 11 | Iterated Dominance and the Cournot Model | Spreadsheet, More About Cournot | ||||
| 3 | Tue Apr 16 | Nash Equilibrium and Coordination Games | 1.6 (Nash Equilibrium),1.7 (Focal Point Equilibrium) | |||
| Section | Lab: Simultaneous Move Games | |||||
| Thu Apr 18 | Cournot, Bertrand | PS#1, answers | 2 (Oligopoly, entire chapter) | |||
| 4 | Tue Apr 23 | Subgame Perfect Equilibrium | 6.1 (Subgame Perfect Equilibrium: Introduction)-6.6 (A Second Example: Software Game) | |||
| Section | Review PS#1 | |||||
| Thu Apr 25 | Information Sets and the Normal Form | 15.1 (Perfect Bayesian Equilibrium: Introduction),15.2 (Information Sets) | ||||
| 5 | Tue Apr 30 | Stackelberg Equilibrium and Precommitment | PS#2, answers | 6.7 (The Stackelberg Duopoly Game) | ||
| Section | Lab: Extensive Form Games | |||||
| Thu May 2 | Discounting | 9.5 (Repeated Games and Dynamic Competition: A Second Modification - Discounting the Future) | discounting a, b | |||
| 6 | Tue May 7 | Repeated Prisoner's Dilemma | 9.1 (Introduction)-9.5 | Repeated Games Step By Step | ||
| Section | Review PS#2 | |||||
| Thu May 9 | MIDTERM EXAM | midterm answers, midterm scores | ||||
| Fri May 10 | Deadline for regrading of PS #1 | |||||
| 7 | Tue May 14 | The Folk Theorem | 9.1-9.5 | |||
| Section | Return and review midterm | |||||
| Thu May 16 | Long Run versus Short Run | PS#3, answers | ||||
| 8 | Tue May 21 | Probability Theory, Conditional Probability and Bayes Law | 15.3 (Perfect Bayesian Equilibrium: Bayes' Theorem), 15.12 (Appendix) | |||
| Section | Lab: Dynamic and Bayesian Games | |||||
| Thu May 23 | Expected Utility Theory | 10 (Uncertainty and Expected Utility: Introduction, entire chapter) | Spreadsheet | |||
| Fri May 24 | Deadline for regrading of PS #2 | |||||
| 9 | Tue May 28 | Mixed Strategy Equilibrium | 10.4 (Endogenous Uncertainty in Static Games) | Spreadsheet | ||
| Section | Review PS#3, War of Attrition | |||||
| Thu May 30 | Dynamic Programming | PS#4, answers | ||||
| 10 | Tue Jun 4 | Types and Incomplete Information Cournot Competition | 13.1 (Bayesian Nash Equilibrium: Introduction)-13.3 (Mixed Strategies Reinterpreted) | |||
| Section | Review PS#4 | review problems, review answers | ||||
| Thu Jun 6 | The Revelation Principle | 13.4 (The Revelation Principle and Game Design)-13.5 (Summary) | ||||
| LAST WEEK REVIEW SCHEDULE | ||||||
| 11 | Wed Jun 12 11:30-2:30 |
FINAL EXAM | final answers, final scores | |||