The Quantitative Management Techniques 2 course is an introduction to game theory.
This theory has grown tremendously since the 1970s, and in the last decade, numerous Nobels Prizes in economics have been awarded for work in this field. Its fields of application are varied and game theory is now widely used to model the relationships between different actors in economics, management, finance and politics.
This course is a fairly comprehensive introduction that allows students to become familiar with the concepts and reasoning behind the theory. After a presentation of modeling techniques in game theory, we discuss the different concepts of equilibrium (Nash, Perfect Subgame, Forward Induction, Perfect Bayesian and Sequential Equilibrium).
Examples from everyday life, economics and management illustrate these concepts.
Thierry Lafay holds a Master's degree in pure mathematics and a Master 2 from the Pierre and Marie Curie University. He obtained a PhD from the Ecole Polytechnique under the supervision of Professor Jean Pierre Ponssard. He is currently Senior Lecturer at the Management UFR of the University Paris 1 and also lectures at the USAL of Buenos Aires. His research focuses on the themes of game theory applied to economics, industrial economics and the economy of innovation. His work has been the subject of various publications in the journals Mathematical Social Sciences, Theory and Decision, Managerial and Decision Economics...