First cycle
degree courses
Second cycle
degree courses
Single cycle
degree courses
School of Economics and Political Science
Course unit
EPP7077978, A.A. 2017/18

Information concerning the students who enrolled in A.Y. 2017/18

Information on the course unit
Degree course Second cycle degree in
EP2423, Degree course structure A.Y. 2017/18, A.Y. 2017/18
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Degree course track MANAGEMENT [002PD]
Number of ECTS credits allocated 6.0
Type of assessment Mark
Course unit English denomination GAME THEORY AND STRATEGIC MANAGEMENT
Website of the academic structure
Department of reference Department of Economics and Management
E-Learning website
Mandatory attendance No
Language of instruction English
Single Course unit The Course unit CANNOT be attended under the option Single Course unit attendance
Optional Course unit The Course unit can be chosen as Optional Course unit

Teacher in charge STEFANO GALAVOTTI

ECTS: details
Type Scientific-Disciplinary Sector Credits allocated
Core courses SECS-P/01 Political Economy 6.0

Course unit organization
Period Second semester
Year 1st Year
Teaching method frontal

Type of hours Credits Teaching
Hours of
Individual study
Lecture 6.0 42 108.0 No turn

Start of activities 26/02/2018
End of activities 01/06/2018
Show course schedule 2019/20 Reg.2017 course timetable

Examination board
Board From To Members of the board
3 Commissione AA 2019/20 01/10/2019 30/11/2020 NICOLO' ANTONIO (Presidente)
VALBONESI PAOLA (Membro Effettivo)
2 Commissione AA 2018/19 01/10/2018 30/09/2019 GALAVOTTI STEFANO (Presidente)
NICOLO' ANTONIO (Membro Effettivo)
VALBONESI PAOLA (Membro Effettivo)
1 Commissione A.A. 2017/18 01/10/2017 30/09/2018 GALAVOTTI STEFANO (Presidente)
NICOLO' ANTONIO (Membro Effettivo)
VALBONESI PAOLA (Membro Effettivo)

Prerequisites: A basic knowledge of microeconomics.
Target skills and knowledge: This course introduces students to the basic tools of game theory, focusing on its applications to the decision problems a manager may face.

Game theory analyzes and models the strategic interaction among economic agents (consumers, firms, institutions, etc.), i.e. all situations in which every agent's objective function depends not only on her own decision, but also on the decisions of the other agents which interact with her.

The course provides some basic tools and general concepts that will be appplied to several contexts, ranging from firm competition in oligopolistic markets, auctions, voting behavior, to the internal organization of the firm and labor contracts.
Examination methods: Final written exam.
Assessment criteria: Students will be evaluated on the basis of their capacity of using the language and the tools provided to model economic problems and their capacity of solving the model.
Course unit contents: - Introduction to game theory: games and their representations, solving a game.
- Dominance. Applications: price wars, auctions.
- Static games. Applications: price and quantity competition, strategic positioning, partnerships.
- Mixed strategies. Applications: monitoring quality.
- Dynamic games with perfect information. Applications: bargaining, brand proliferation, strategic moves.
- Dynamic games with imperfect information. Applications: product differentiation, entry deterrence.
- Repeated games. Applications: cartels, vertical relations and reputation.
Planned learning activities and teaching methods: Standard lectures and some practice sessions.
Additional notes about suggested reading: There is no required textbook for this course. Students can refer to any of the numerous available textbooks in Applied Game Theory. Lecture notes and problem sets will be provided prior to each class.
Textbooks (and optional supplementary readings)
  • DIXIT, A.K., SKEATH, S., and REILEY, D.H., Games of Strategy. --: WW Norton & Company Incorporated, 2009. Cerca nel catalogo
  • OSBORNE, M.J., An Introduction to Game Theory. --: Oxford University Press, 2009. Cerca nel catalogo