312005 Differential Games in Economics and Management Science (V) (WiSe 2014/2015)

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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.

PLEASE NOTE: There will be no course on Nov. 11, 2014

Bibliography

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.

Teaching staff

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Subject assignments

Module Course Requirements  
31-M-El1 Elective Courses 1 Gewählte Veranstaltungen aus dem Bereich "Spezialkenntnisse in ökonomischer Theorie und/oder quantitativen Methoden" 4 LP Student information
31-M-El2 Elective Courses 2 Gewählte Veranstaltungen aus dem Bereich quantitativen Methoden 4 LP Student information
31-M-El3 Elective Courses 3 Gewählte Veranstaltungen aus dem Bereich ökonomischer Theorie 4 LP Student information
31-M-Micro3 Microeconomics 3 Microeconomics 3 Graded examination
Student information
31-MM22 Computational Economics Dynamische Spiele Student information
31-MM22-WiMa Computational Economics Dynamische Spiele Student information
31-MM7 Game Theory Dynamische Spiele Student information
31-MM7-WiMa Game Theory Dynamische Spiele Student information

The binding module descriptions contain further information, including specifications on the "types of assignments" students need to complete. In cases where a module description mentions more than one kind of assignment, the respective member of the teaching staff will decide which task(s) they assign the students.

Degree programme/academic programme Validity Variant Subdivision Status Semester LP  
Bielefeld Graduate School in Theoretical Sciences / Promotion    
Economics and Management (BiGSEM) / Promotion    
Wirtschaftswissenschaften / Master (Enrollment until SoSe 2012) Modul 10; Modul 12; Modul 22   4 Themengebiete: 10a, 12b, 22d  

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WS2014_312005@ekvv.uni-bielefeld.de
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Last update basic details/teaching staff:
Friday, December 11, 2015 
Last update times:
Monday, December 15, 2014 
Last update rooms:
Monday, December 15, 2014 
Type(s) / SWS (hours per week per semester)
lecture (V) / 2
Department
Faculty of Business Administration and Economics
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48803012