Lecturer: Prof. Dr. Henrik Orzen
Problem classes: Mr Vahe Krrikyan, Ms Maria Isabel Santana and Ms Joy Tsai
Building on BE 510 Business Economics 1, this module provides an introduction to economic models of strategic decision-making and behavior of firms in the context of oligopolistic competition. Topics include output and pricing strategies, the economics of collusion, market structure, market entry decisions and product differentiation. Some of these topics require a degree of analytical rigor and we will make use of some game-theoretical and mathematical methods.
Seminar convenors: Prof. Dr. Henrik Orzen and Prof. Stefan Penczynski, PhD.
In this seminar participants present and discuss their current research as well as ideas for future research. If you are interested in the seminar, please contact one of the seminar convenors by email.
Lecturers: Prof. Henrik Orzen and Prof. Stefan Penczynski
This module intends to introduce PhD students to current topics in Experimental and Behavioral Economics and to familiarize them with recent advances in the field. The course will be delivered via a mix of lectures, joint readings of papers, in-class discussions and project work. The lectures will provide introductions to various topics and give relevant background information. Selected papers from the recent relevant literature will be discussed in depth. For this to work all participants will have to read specific papers in advance of individual meetings. Over the course of the semester each student is expected to lead the in-class discussion of two of the papers. The module will also provide a forum for students to discuss research ideas and preliminary work. In fact, students are expected to develop a research project of their own and present their advances, experimental design or data. This can be done individually or in pairs.
Lecturer: Prof. Dr. Henrik Orzen
Problem classes: Ms Alessandra Allocca, Ms Maria Isabel Santana and Mr Xijian Su
This module will start with a brief review of standard models of choice, including choice under risk, and then move on to an extended introduction to non-cooperative game theory. Strategic decision making and relevant solution concepts for games of complete and incomplete information will be covered in detail. The course will close with a discussion of basic notions in the economics of information. An important aim is to convey an understanding and a working analytical knowledge of how economists model decision making.
- This one-semester module is available only to students on the Mannheim Master in Management (MMM) program.
- There are no formal prerequisites but it will be assumed that participants are familiar with introductory microeconomics at bachelor level.
- The module is offered in two parallel, identical streams of weekly sessions. In addition students attend weekly problem classes.
- Lectures and problem classes will be held in English.
Downloads: Module materials are available on ILIAS.
Exam script viewing: This will take place on 21 March. If you wish to look at your script, please send an email to our office (Ms Yvonne Reiter) to book a time slot. Late requests will not be accepted. Please note that we cannot offer individual feedback. General feedback documents for both exams are available on ILIAS. If you think that the grading of one of your answers was unduly harsh, leave a note or email us explaining your case, and we will get back to you as soon as possible. Please refrain from fishing for points without valid reason.