Content:
Many interesting and relevant problems in Economics and Management Science are characterized by the interplay of strategic interaction and intertemporal effects of decisions taken by the involved parties. Differential Games are a useful tool to rigorously model such problems and to analyse (different types of) equilibrium behaviour and the economic dynamics that emerges in equilibrium. This course provides an introduction to the main solution concepts for differential games as well as the methods typically employed to characterize the equilibria of such games. Furthermore, we discuss insights that can be obtained in the area of (dynamic) industrial organization with the help of differential game models. The course is aimed at advanced Master and Doctoral students.
Dockner, E., Jorgensen, S., van Long, N. and G. Sorger: Differential Games in Economics and Management Science, Cambridge University Press, Cambridge, 2000
Grass, D., Caulkins, J.P., Feichtinger, G., Tragler, G. and Behrens, D. (2008): Optimal Control of Nonlinear Processes, Springer, Berlin.
van Long, N. (2010): A Survey of Dynamic Games in Economics, World Scientific, Singapore.
| Frequency | Weekday | Time | Format / Place | Period | |
|---|---|---|---|---|---|
| weekly | Di | 12-14 | C01-230 | 22.10.2013-07.02.2014
not on: 12/24/13 / 12/31/13 |
| Date | Time | Format / Room | Comment about examination |
|---|---|---|---|
| Tuesday, February 11, 2014 | 12:00-14:00 | H10 | |
| Tuesday, April 1, 2014 | 12:00-14:00 | H11 |
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| Degree programme/academic programme | Validity | Variant | Subdivision | Status | Semester | LP | |
|---|---|---|---|---|---|---|---|
| Bielefeld Graduate School in Theoretical Sciences / Promotion | |||||||
| Economics and Management (BiGSEM) / Promotion | |||||||
| QEM - Models and Methods of Quantitative Economics / Master | |||||||
| Wirtschaftsmathematik / Master | (Enrollment until SoSe 2011) | MW09hS; MW09fS | 4 | ||||
| Wirtschaftswissenschaften / Master | (Enrollment until SoSe 2012) | Modul 10; Modul 12; Modul 16; Modul 22 | 4 | Themengebiete: 10a, 12b, 22d |