Course ObjectiveIn a globalized world, cooperation among economic partners has become
increasingly relevant. Another relevant aspect in nowadays economic
environments is social and economic networks. In this course, the
student learns basic concepts on mathematical modeling of bargaining and
cooperation and analysis the role of social and economic networks and
social interactions in explaining economic behavior.
Course ContentBargaining Problems:
- Nash bargaining solution
- Kalai-Smorodinsky bargaining solution
Cooperative Game Theory:
- Introduction to cooperative games
- The core of a cooperative game and balancedness
- Convexity and the Shapley value
- Linear production games
- Sequencing games
Social and Economic Networks:
- Introduction to social networks
- Random networks
- Strategic network formation
- Diffusion of networks
- Learning on networks
- Games on networks
Teaching MethodsClasses. During classes time will be made for discussing exercises.
The second part of this course (Social and Economic Networks) uses a
blended learning approach. That means that students are asked to prepare
the classroom meeting by watching clips. Students can earn a bonus point
with successfully answering quiz question in class.
Method of AssessmentIntermediate exam – Individual assessment
Final exam – Individual assessment
Individual assignment - Individual assessment
Quizzes in classroom - Individual assignment
LiteratureSyllabus on Canvas.
Jackson, M.O (2010), Social and Economic Networks, Princeton University
Press, Available as paperback or ebook.
Recommended background knowledgeLinear Algebra, Analysis I, Probability Theory, Operations Research I
|Language of Tuition||English|
|Faculty||School of Business and Economics|
|Course Coordinator||dr. M.A. Estevez Fernandez|
|Examiner||dr. M.A. Estevez Fernandez|
dr. M.A. Estevez Fernandez
dr. I.D. Lindner
You need to register for this course yourself
Last-minute registration is available for this course.
|Teaching Methods||Lecture, Study Group|
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