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Course Detail

Course Description

CourseCodeSemesterT+P (Hour)CreditECTS
GAME THEORYBUS4113617Fall Semester3+035
Course Program
Prerequisites Courses
Recommended Elective Courses
Language of CourseEnglish
Course LevelFirst Cycle (Bachelor's Degree)
Course TypeElective
Course CoordinatorAssist.Prof. Esra BAYTÖREN
Name of Lecturer(s)Assist.Prof. Esra BAYTÖREN
Assistant(s)
AimThis course aims to introduce students to the practical application of game theory in business applications, by examining various business and management problems, developing game theory models for these problems, and applying solution concepts used in game theory.
Course ContentThis course contains; Key Ideas and Examples,Terminology, Assumptions and Classification of Games,Strategic Games with Pure Strategies,Strategic Games with Mixed Strategies,Zero-Sum Games,Solving the Prisoners' Dilemma: Coordination and Anti-Coordination Games,Solving the Prisoners' Dilemma: Repetitive Games,Dynamic Games with Pure Strategies,Dynamic Games with Mixed Strategies,Combining Strategic and Dynamic Games,Signaling Games,Cooperative Games,Tender Strategy and Auction Design,Bargaining Games.
Dersin Öğrenme KazanımlarıTeaching MethodsAssessment Methods
1. Will be able to recognize game theoretical problems.10, 16, 6, 9A
1.1 Describes the usage areas of game theory
1.2 Explains the assumptions of game theory
1.3 Explains the classification of games
2. Will be able to explain the concept of balance in simultaneous games.10, 16, 6, 9A
2.1 Explains the Nash equilibrium
2.2 Distinguishes between pure and mixed strategies
2.3 Explains why and when hybrid strategies will be needed
3. Will be able to describe constant-sum games.10, 16, 6, 9A
3.1 Illustrates real-life situations compatible with zero-sum games
3.2 Explains the meaning of minmax and maxmin strategies
3.3 Explains the saddle point of the game
4. Will be able to explain the purpose of solving the prisoners' dilemma.10, 16, 6, 9A
4.1 Explains the importance of coordination in solving the prisoners' dilemma
4.2 Defines the role of repetitive games to solve the prisoners' dilemma
4.3 Explains the meaning of finite and infinite repetition
5. Will be able to recognize games with sequential movements.10, 16, 6, 9A
5.1 Shows a dynamic game in a tree-form
5.2 Defines Nash equilibrium in dynamic games
5.3 Describes backward reasoning technique
6. Will be able to describe some applications specific to certain strategic situations.10, 16, 6, 9A
6.1 Describes the effects of signaling in a game
6.2 Defines procurement strategies
6.3 Describes the Nash collaborative solution in a bargaining game
Teaching Methods:10: Discussion Method, 16: Question - Answer Technique, 6: Experiential Learning, 9: Lecture Method
Assessment Methods:A: Traditional Written Exam

Course Outline

OrderSubjectsPreliminary Work
1Key Ideas and Examples
2Terminology, Assumptions and Classification of Games
3Strategic Games with Pure Strategies
4Strategic Games with Mixed Strategies
5Zero-Sum Games
6Solving the Prisoners' Dilemma: Coordination and Anti-Coordination Games
7Solving the Prisoners' Dilemma: Repetitive Games
8Dynamic Games with Pure Strategies
9Dynamic Games with Mixed Strategies
10Combining Strategic and Dynamic Games
11Signaling Games
12Cooperative Games
13Tender Strategy and Auction Design
14Bargaining Games
Resources
[1] Game Theory 101: Complete Textbook, William Spaniel, 2011-2013. [2] Game Theory An Introduction, Steven Tadelis, Princeton University Press, 2013. [3] Applied Game Theory and Strategic Behavior, Geckil and Anderson, CRC Press, 2010. [4] Game Theory An Applied Introduction, Jose Luis Ferreira, Red Globe Press, 2020.
[5] Lecture Notes [6] Yeni Başlayanlar İçin Oyun Teorisi, Hakan Karabacak, , 2.baskı, Seçkin, 2018. [7] Oyun Teorisi, Ensar Yılmaz, 3.Baskı, Literatür, 2016. [8] Strateji Oyunları, Hakan Karabacak, Optimist, 2017. [9] Oyun Teorisi ve Ortaklaşa Rrekabet, A.M. Brandenburger, B.J.Nalebuff, 2015. [10] Stratejik Düşünme, A.K.Dixit ve B.J.Nalebuff, Sabancı Üniversitesi, 2015.

Course Contribution to Program Qualifications

Course Contribution to Program Qualifications
NoProgram QualificationContribution Level
12345
1
Defines the theoretical issues in the field of business administration
2
Describes the necessary qualitative and quantitative methods in the field of business and management.
X
3
Uses at least one computer program in the field of business and management
4
Sustains proficiency in a foreign language required for business and management.
X
5
Prepares managerial investment projects and work in a team.
6
Constantly renews himself / herself by following developments in business and management with an understanding of the importance of lifelong learning through critically evaluating the knowledge and skills that s/he has got.
7
Uses theoretical and practical expertise in the field of business administration
X
8
Follows up-to-date technology using a foreign language at least A1 level, holds verbal / written communication.
X
9
Adopts organizational / institutional and social ethical values.
10
Within the framework of service responsiveness, adopts social responsibility principles and takes initiative when necessary.
11
Uses and analyses basic facts and data in different disciplines (economics, finance, sociology, law, business) in order to conduct interdisciplinary studies.
X
12
Uses and Analyses the fundamental and advanced techniques in the field to enhance business performance, productivity, sustainability,innovation and research, efficiency and effectiveness.

Assessment Methods

Contribution LevelAbsolute Evaluation
Rate of Midterm Exam to Success 40
Rate of Final Exam to Success 60
Total 100
ECTS / Workload Table
ActivitiesNumber ofDuration(Hour)Total Workload(Hour)
Course Hours14342
Guided Problem Solving000
Resolution of Homework Problems and Submission as a Report000
Term Project000
Presentation of Project / Seminar000
Quiz000
Midterm Exam14848
General Exam16060
Performance Task, Maintenance Plan000
Total Workload(Hour)150
Dersin AKTS Kredisi = Toplam İş Yükü (Saat)/30*=(150/30)5
ECTS of the course: 30 hours of work is counted as 1 ECTS credit.

Detail Informations of the Course

Course Description

CourseCodeSemesterT+P (Hour)CreditECTS
GAME THEORYBUS4113617Fall Semester3+035
Course Program
Prerequisites Courses
Recommended Elective Courses
Language of CourseEnglish
Course LevelFirst Cycle (Bachelor's Degree)
Course TypeElective
Course CoordinatorAssist.Prof. Esra BAYTÖREN
Name of Lecturer(s)Assist.Prof. Esra BAYTÖREN
Assistant(s)
AimThis course aims to introduce students to the practical application of game theory in business applications, by examining various business and management problems, developing game theory models for these problems, and applying solution concepts used in game theory.
Course ContentThis course contains; Key Ideas and Examples,Terminology, Assumptions and Classification of Games,Strategic Games with Pure Strategies,Strategic Games with Mixed Strategies,Zero-Sum Games,Solving the Prisoners' Dilemma: Coordination and Anti-Coordination Games,Solving the Prisoners' Dilemma: Repetitive Games,Dynamic Games with Pure Strategies,Dynamic Games with Mixed Strategies,Combining Strategic and Dynamic Games,Signaling Games,Cooperative Games,Tender Strategy and Auction Design,Bargaining Games.
Dersin Öğrenme KazanımlarıTeaching MethodsAssessment Methods
1. Will be able to recognize game theoretical problems.10, 16, 6, 9A
1.1 Describes the usage areas of game theory
1.2 Explains the assumptions of game theory
1.3 Explains the classification of games
2. Will be able to explain the concept of balance in simultaneous games.10, 16, 6, 9A
2.1 Explains the Nash equilibrium
2.2 Distinguishes between pure and mixed strategies
2.3 Explains why and when hybrid strategies will be needed
3. Will be able to describe constant-sum games.10, 16, 6, 9A
3.1 Illustrates real-life situations compatible with zero-sum games
3.2 Explains the meaning of minmax and maxmin strategies
3.3 Explains the saddle point of the game
4. Will be able to explain the purpose of solving the prisoners' dilemma.10, 16, 6, 9A
4.1 Explains the importance of coordination in solving the prisoners' dilemma
4.2 Defines the role of repetitive games to solve the prisoners' dilemma
4.3 Explains the meaning of finite and infinite repetition
5. Will be able to recognize games with sequential movements.10, 16, 6, 9A
5.1 Shows a dynamic game in a tree-form
5.2 Defines Nash equilibrium in dynamic games
5.3 Describes backward reasoning technique
6. Will be able to describe some applications specific to certain strategic situations.10, 16, 6, 9A
6.1 Describes the effects of signaling in a game
6.2 Defines procurement strategies
6.3 Describes the Nash collaborative solution in a bargaining game
Teaching Methods:10: Discussion Method, 16: Question - Answer Technique, 6: Experiential Learning, 9: Lecture Method
Assessment Methods:A: Traditional Written Exam

Course Outline

OrderSubjectsPreliminary Work
1Key Ideas and Examples
2Terminology, Assumptions and Classification of Games
3Strategic Games with Pure Strategies
4Strategic Games with Mixed Strategies
5Zero-Sum Games
6Solving the Prisoners' Dilemma: Coordination and Anti-Coordination Games
7Solving the Prisoners' Dilemma: Repetitive Games
8Dynamic Games with Pure Strategies
9Dynamic Games with Mixed Strategies
10Combining Strategic and Dynamic Games
11Signaling Games
12Cooperative Games
13Tender Strategy and Auction Design
14Bargaining Games
Resources
[1] Game Theory 101: Complete Textbook, William Spaniel, 2011-2013. [2] Game Theory An Introduction, Steven Tadelis, Princeton University Press, 2013. [3] Applied Game Theory and Strategic Behavior, Geckil and Anderson, CRC Press, 2010. [4] Game Theory An Applied Introduction, Jose Luis Ferreira, Red Globe Press, 2020.
[5] Lecture Notes [6] Yeni Başlayanlar İçin Oyun Teorisi, Hakan Karabacak, , 2.baskı, Seçkin, 2018. [7] Oyun Teorisi, Ensar Yılmaz, 3.Baskı, Literatür, 2016. [8] Strateji Oyunları, Hakan Karabacak, Optimist, 2017. [9] Oyun Teorisi ve Ortaklaşa Rrekabet, A.M. Brandenburger, B.J.Nalebuff, 2015. [10] Stratejik Düşünme, A.K.Dixit ve B.J.Nalebuff, Sabancı Üniversitesi, 2015.

Course Contribution to Program Qualifications

Course Contribution to Program Qualifications
NoProgram QualificationContribution Level
12345
1
Defines the theoretical issues in the field of business administration
2
Describes the necessary qualitative and quantitative methods in the field of business and management.
X
3
Uses at least one computer program in the field of business and management
4
Sustains proficiency in a foreign language required for business and management.
X
5
Prepares managerial investment projects and work in a team.
6
Constantly renews himself / herself by following developments in business and management with an understanding of the importance of lifelong learning through critically evaluating the knowledge and skills that s/he has got.
7
Uses theoretical and practical expertise in the field of business administration
X
8
Follows up-to-date technology using a foreign language at least A1 level, holds verbal / written communication.
X
9
Adopts organizational / institutional and social ethical values.
10
Within the framework of service responsiveness, adopts social responsibility principles and takes initiative when necessary.
11
Uses and analyses basic facts and data in different disciplines (economics, finance, sociology, law, business) in order to conduct interdisciplinary studies.
X
12
Uses and Analyses the fundamental and advanced techniques in the field to enhance business performance, productivity, sustainability,innovation and research, efficiency and effectiveness.

Assessment Methods

Contribution LevelAbsolute Evaluation
Rate of Midterm Exam to Success 40
Rate of Final Exam to Success 60
Total 100

Numerical Data

Ekleme Tarihi: 09/10/2023 - 09:58Son Güncelleme Tarihi: 09/10/2023 - 10:00