CODE  98227 

ACADEMIC YEAR  2020/2021 
CREDITS 

SCIENTIFIC DISCIPLINARY SECTOR  SECSP/01 
LANGUAGE  English 
TEACHING LOCATION 

SEMESTER  2° Semester 
TEACHING MATERIALS  AULAWEB 
The aim of the course is to provide students with the basic toold of game theory, which will then be applied to the study of firms' behaviour in a strategic context.
Course aims to: Provide Fundamental concepts of Economics, Monopoly & Oligopoly Models, Basic Consumer Theory as well as Game Theory applied to these fields
Students will learn the mathematical tools used to understand and critically evaluate the strategic interaction between individuals, firms, and States.
In the second module, these tools will be applied to the study of industrial economics and, in general, to the analysis of strategic interaction between firms. In this way, students will learn to critically evaluate some features of competition policy.
None.
Standard lectures.
The course is organized in two modules.
In the first module, we will cover some basic concepts of noncooperative game theory:
Some elementary taxonomy concerning games.
Dominant and dominated strategies, Nash equilibrium.
Limits and refinements of Nash equilibria.
Repeated games.
Games and rationality.
All these issues will be studied by making realworld examples and combining theory with exercises and applications.
Building on the game theory tools developed in the first module, in the second module the following topics will be covered:
Basic consumer theory;
Monopoly pricing;
Oligopoly theory;
Determinants of market structure;
Cartels & collusion;
patents;
predatory pricing.
Recommended readings for this first module are:
Dixit, A. and B. Nalebuff (2010): The Art of Strategy. W.W. Norton & Co Inc, M.
Osborne, M. and A. Rubinstein (1994): A Course on Game Theory, The MIT Press.
There is not a single book suggested for this module. However, most of the material is based on:
Pepall, Richards, Norman, Industrial Organization: Contemporary Theory and Empirical Applications. fifth edition, Blackwell Publishing, 2013.
Belleflamme P. and Peitz M. (2015), Industrial Organization. Markets and Strategies, Cambridge University Press.
CLAUDIO ANTONIO GIUSEPPE PIGA (President)
MAURIZIO CONTI
GABRIELE CARDULLO (President Substitute)
March 2021
All class schedules are posted on the EasyAcademy portal.
Written examination with questions on theory and quantitative exercises.
The exam is aimed to verify students' ability to apply the basic concept of game theory and industrial economics to real world situations.
Date  Time  Location  Type  Notes 

08/01/2021  10:00  GENOVA  Scritto  
22/01/2021  10:00  GENOVA  Scritto  
12/02/2021  10:00  GENOVA  Scritto  
08/06/2021  14:00  GENOVA  Scritto  
22/06/2021  14:00  GENOVA  Scritto  
06/07/2021  14:00  GENOVA  Scritto  
07/09/2021  14:00  GENOVA  Scritto 