YORK UNIVERSITY
Faculty of Liberal Arts & Professional Studies
Department of Economics
Game Theory in Economics
AP/ECON 4130 3.0 A
Fall Term 2013
Instructor: Professor Kin Chung Lo
Office: Vari Hall 1070
Phone Number: (416) 736-2100 Ext. 77032
E-mail:
Lectures: Monday, 11:30 am – 2:30 pm,
Calumet College 106
Office Hours: By appointment
Course Description:
Covers the idea of a game, of a solution, the extensive form, the concept of equilibrium, games of incomplete information, backward and forward induction, repeated games, signalling and principal-agent models, and bargaining models.
Textbook: The major reference for this course is:
Robert Gibbons (1992): Game Theory for Applied Economists. Princeton University Press.
Other references:
Gibbons (1992) is the only book required for this course. Nevertheless,
M. Osborne (2004): An Introduction to Game Theory. Oxford University Press
the associated material in http://www.chass.utoronto.ca/~osborne/igt/index.html are recommended.
Topics:
We will cover all the chapters in the textbook.
Assignments:
There will be weekly assignments. Although the assignments will not be graded, it is very important for you to try them.
Evaluation: There will be a test and a final exam. The test will be held on October 21, 2013, and the final exam will be scheduled and announced by the university. The final exam will cover material from the whole course.
Let your scores on the midterm and final exam be m and f, respectively. Your grade in the course will be based on 0.3m + 0.7f.
Missed Test/Final Exam: There is no make-up test. If you have a concrete reason for missing the test (e.g., illness) which is confirmed by supporting documentation (e.g., doctor's letter), your course grade will be based on f; that is, the weight of the test will be shifted to the final exam.
I do not consider requests for deferred standing. In such cases students must file a petition with the relevant Faculty-level committee for consideration within the established deadline.
Withdrawal Deadline: November 8, 2013
Note on Academic Honesty: Conduct that violates the ethical or legal standards of the university community or of one’s programme or specialization, may result in serious consequences. We especially refer to the Senate Policy on Academic Honesty, which is found in the New Students’ Handbook or the University Calendar. You are encouraged to familiarize yourself with this Senate legislation found also on the following website:
http://www.yorku.ca/secretariat/policies/index-policies.html/.