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Advanced Microeconomics

Lecturer: Professor Zvika Neeman, PhD (Tel-Aviv University)
Date: October 21-24, 2019
Organization: Martin Luther University Halle-Wittenberg in co-operation with IWH
Venue: Halle Institute for Economic Research (IWH) – Member of the Leibniz Association, Kleine Maerkerstrasse 8, 06108 Halle (Saale), Germany, conference room (ground floor)
Registration: until September 1, 2019 via email: annett.hartung@iwh-halle.de.

The course is designed for at most 25 participant. Please note: The maximum of participants has been reached.

Announcement: pdf

Lecture Notes: pdf

Prerequisites
The course is self contained. Basic knowledge of probability and calculus is assumed.

Course Requirements
written exam

Tentative Lecture Plan
Monday (21/10) Strategic Form Games
09:30-10:45      Lecture 1: Dominant Strategies
11:00-12:15      Lecture 2: Successive Elimination of Strictly Dominated Strategies
12:15-14:00      Lunch
14:00-15:15      Lecture 3: Nash Equilibrium
15:45-17:00      Lecture 4: Existence of Nash Equilibrium

Tuesday (22/10) Extensive Form Games
09:30-10:45     Lecture 5: Backwards Induction
11:00-12:15     Lecture 6: Subgame Perfect Equilibrium
12:15-14:00     Lunch
14:00-15:15     Lecture 7: Rubinstein’s Model of Alternating Offer Bargaining
15:45-17:00     Lecture 8: Repeated Games

Wednesday (23/10) Games with Incomplete Information
09:30-10:45      Lecture 9: Sequential Rationality
11:00-12:15      Lecture 10: Bayesian Games
12:15-14:00      Lunch
14:00-15:15      Lecture 11: Auctions with Private Values
15:45-17:00      Lecture 12: Revenue Equivalence

Thursday (24/10) Mechanism Design/Reputation
09:30-10:45     Lecture 13:   The Winner’s Curse
11:00-12:15     Lecture 14:   Mechanism Design: Bilateral Trade
12:15-14:00     Lunch
14:00-15:15     Lecture 15:   Good and Bad Reputation
15:45-17:00     Final Exam