Lahore University of Management Sciences

ECON 435 – Advanced Game Theory

Fall 2016

Instructor Bilal Khan

Room No. 148 Main Academic Block
Office Hours TBD
Email bilal.khan@lums.edu.pk
TA TBA
TA Office Hours TBD

Course Basics
Credit Hours 4
Lecture(s) Nbr of Lec(s) Per Week 2 Duration 110 mins
Tutorial (per week) Nbr of Lec(s) Per Week Duration

Course Distribution
Core
Elective Yes
Open for Student Category Freshman, Sophomore, Junior, Senior
Close for Student Category

COURSE DESCRIPTION
This advanced game theory course builds on the ‘Introduction to Game Theory’ course offered at LUMS. In ‘Introduction to Game Theory’,
students learn how to analyze strategic interactions among economic agents. In this course, we will look at how to design strategic interactions
between agents in order to achieve desired social outcomes. We will learn how economic mechanisms and incentives can be designed to yield
desired objectives in strategic settings. Because the starting point is desired outcomes rather than strategic settings, one way to describe this
course is “reverse game theory”.

COURSE PREREQUISITE(S)

 Introduction of Game Theory, AND

Statistics and Data Analysis OR Probability

Grading Breakup and Policy

Quizzes: 40 % (There will be a short quiz at the end of every class)

Midterm Examination: 25%
Final Examination: 35%

Students will also have opportunities to earn small bonus points in quizzes by answering certain questions in class, and by attending extra reading
or review sessions.

Examination Detail

Final Exam Saturday, December 24, 2016 (3 pm – 6 pm)

 Lahore University of Management Sciences
Recommended
Module Topics
Readings

1 Introduction

2 Social Choice SL Ch 9

3 Mechanism Design SL Ch 10, Jackson notes

4 Efficient Mechanisms SL Ch 10, Jackson notes

5 Auctions SL Ch 11, Jackson notes

6 Matching and Market Design TBA

Textbook(s)/Supplementary Readings

 Yoav Shoham, Kevin Leyton-Brown. Multiagent Systems: Algorithmic, Game Theoretic, and Logical Foundations. Revision 1.1. 2010.
 Matthew O. Jackson. “Mechanism Theory.” 2000.
 Matthew O. Jackson. Matching, Auctions, and Market Design.” 2013