MAE908 - Game Theory and Its Applications
Unit details
| Year: | 2022 unit information |
|---|---|
| Enrolment modes: | Not offered in 2022 |
| Credit point(s): | 1 |
| EFTSL value: | 0.125 |
| Cohort rule: | This unit is only available to students enrolled in M820, M900 |
| Previously: | Microeconomic Theory Ii |
| Prerequisite: | Nil. |
| Corequisite: | Nil |
| Incompatible with: | Nil |
| Typical study commitment: | Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit. |
| Scheduled learning activities - campus: | 1 x 3 hour seminar per week |
Content
This unit covers strategic behaviour of rational agents. Topics include strategic-form games with complete information and strategic-form games with incomplete information, dynamic games, equilibrium concepts for analysing these games. This unit will study Economics of Information and some introductory social choice theory, bargaining and cooperative game theory.
| ULO | These are the Learning Outcomes (ULO) for this unit. At the completion of this unit, successful students can: | Deakin Graduate Learning Outcomes |
| ULO1 | Be able to analyse micro data and understand their implications for underlying microeconomic activity | GLO1: Discipline-specific knowledge capabilities |
| ULO2 | Determine what factors affect individual choice in strategic environments and what determines how agents settle on group outcomes | GLO4: Critical thinking |
| ULO3 | Critically analyse and apply various equilibrium notions of strategic behaviour to economic, social and political problems | GLO4: Critical thinking |
| ULO4 | Determine the effectiveness of government or other regulatory body policies under different situations | GLO4: Critical thinking |
| ULO5 | Explain the impact of environmental attributes to on the ability of individuals to agree on efficient allocations | GLO2: Communication GLO4: Critical thinking |
| ULO6 | Apply game theoretic tools learned to analyse contemporary economic, social and political issues | GLO4: Critical thinking |
These Unit Learning Outcomes are applicable for all teaching periods throughout the year
Assessment
| Assessment Description | Student output | Grading and weighting (% total mark for unit) |
Indicative due week |
|---|---|---|---|
| Assessment 1: (Individual) Report (Analytical) Problem Set | 2000 words | 25% | Information not yet available |
| Assessment 2: (Individual) Report (Analytical) Problem Set | 2000 words | 25% | Information not yet available |
| Examination (Closed Book) | 3-hours | 50% | Exam period |
The assessment due weeks provided may change. The Unit Chair will clarify the exact assessment requirements, including the due date, at the start of the teaching period.
Hurdle requirement
Hurdle requirement: achieve at least 50% of the marks available on the examination
Learning Resource
Texts and reading lists for units can be found on the University Library via the following link. Note: Select the relevant trimester reading list. Please note that a future teaching period's reading list may not be available until a month prior to the start of that teaching period so you may wish to use the relevant trimester's prior year reading list as a guide only.
Unit Fee Information
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