Decision Theory and Games

Department of Economics, Business School

College of Social Sciences

Details

Code 08352

Level of study Second Year

Credit value 10

Semester 2

Pre-requisite modules None

Other pre-requisites None

Module description

The first part of this module, decision theory, deals with subjective probability, rational preferences and utility, expected utility, risk aversion, objections and alternatives to expected utility theory, and group decisions. The second part provides an introduction to major concepts of game theory.

Teaching and learning methods

20 hrs lectures, 4 hrs classes