Deutsch Intern
    Chair of Industrial Economics

    Games and Strategies (Strategie und Wettbewerb 1)

    Contents & Objectives:

    Students which complete this course will be able to

    •  explain different equilibrium concepts (Nash equilibrium, subgame perfect equilibrium, bayesian equilibrium, perfect bayesian equilibrium)
    • explain for which kind of strategic situation each of these equilibrium concepts were developed
    • apply these concepts to simple realistic strategic situations
    • choose the appropriate equilibrium concept which fits best to a given strategic situation

    More information in the Syllabus.