Mathematical Economics II

2018-2019

Doel vak

In 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.

Inhoud vak

Bargaining 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

Onderwijsvorm

Classes. 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.

Toetsvorm

Intermediate exam – Individual assessment
Final exam – Individual assessment
Individual assignment - Individual assessment
Quizzes in classroom - Individual assignment

Literatuur

Syllabus on Canvas.
Jackson, M.O (2010), Social and Economic Networks, Princeton University
Press, Available as paperback or ebook.

Aanbevolen voorkennis

Linear Algebra, Analysis I, Probability Theory, Operations Research I

Algemene informatie

Vakcode E_EOR2_ME2
Studiepunten 6 EC
Periode P4+5
Vakniveau 200
Onderwijstaal Nederlands
Faculteit School of Business and Economics
Vakcoördinator dr. M.A. Estevez Fernandez
Examinator dr. M.A. Estevez Fernandez
Docenten dr. M.A. Estevez Fernandez
dr. I.D. Lindner

Praktische informatie

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Werkvormen Hoorcollege, Werkgroep
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