ΟΠ0904 GAME THEORY (ELECTIVE COURSE 3)

ΟΠ0904 GAME THEORY (ELECTIVE COURSE 3)

Course Information


Course Category
Course Type
Secretary Code
Semester
Duration
ECTS Units
Sector

Instructor

Undergraduate 
Elective Course 3 
ΟΠ0904 
9th (Winter) 
5 hours/week 
6
Production Management and Industrial Administration
Taouktsis Xenofon

Course Category: Undergraduate
Course Type: Elective Course 3
Secretary Code: ΟΠ0904
Semester: 9th (Winter)
Duration: 5 hours/week
ECTS Units: 6
Sector: Production Mangenent and Industrial Administration
Instructor: Taouktsis Xenofon

Aim

The aim of the course is to familiarize students with the fundamental principles of Game Theory and to develop strategic thinking through the tools it offers. In this course, students will learn to recognize and model game situations, with applications ranging from economics to everyday issues.

Syllabus
  • Introduction to Game Theory,
  • The Concept of Strict and Weak Dominance Strategies,
  • Nash Equilibrium,
  • The Cournot Model,
  • Collusion / Cartels,
  • The Tragedy of the Commons,
  • Mixed Strategies,
  • Extensive Form Games,
  • Subgame Perfect Nash Equilibrium,
  • Finitely Repeated Games,
  • Infinitely Repeated Games,
  • Games of Incomplete Information (Bayesian Games),
  • Mechanism Design,
  • Ascending and Descending Bid Auctions (English and Dutch Auctions),
  • First-Price Sealed-Bid Auctions,
  •  Second-Price Sealed-Bid Auctions.
Literature

Suggested Literature

  • Amit, R. K. (2024). Game Theory with Applications in Operations Management. Springer Nature  Singapore. https://doi.org/10.1007/978-981-99-4833-8  
  • Carpenter, J., & Andrea, R. (2025). ΘΕΩΡΙΑ ΠΑΙΓΝΙΩΝ ΚΑΙ ΣΥΜΠΕΡΙΦΟΡΕΣ. Εκδότης: ΕΚΔΟΣΕΙΣ
    ΚΛΕΙΔΑΡΙΘΜΟΣ ΕΠΕ. ISBN: 9789606456770.
  • Fudenberg, D., & Tirole, J. (1991). Game Theory. MIT Press.
  • Gibbons, R. (2009). Εισαγωγή στη θεωρία παιγνίων. Εκδότης: Γ. ΔΑΡΔΑΝΟΣ – Κ. ΔΑΡΔΑΝΟΣ κ ΣΙΑ ΕΕ. ISBN: 9789600113075.
    • McCain, R. A. (2019). Θεωρία Παιγνίων. Εκδότης: BROKEN HILL PUBLISHERS LTD. ISBN: 9789925575404.
  • Munoz-Garcia, F., & Toro-Gonzalez, D. (2019). Strategy and Game Theory. Springer International Publishing. https://doi.org/10.1007/978-3-030-11902-7
  • Osborne, M. J. (2010). ΕΙΣΑΓΩΓΗ ΣΤΗ ΘΕΩΡΙΑ ΠΑΙΓΝΙΩΝ. Εκδότης: ΕΚΔΟΣΕΙΣ ΚΛΕΙΔΑΡΙΘΜΟΣ ΕΠΕ.ISBN: 9789604613939.
  • Βαρουφάκης, Γ. (2007). Θεωρία παιγνίων. Εκδότης: Γ. ΔΑΡΔΑΝΟΣ – Κ. ΔΑΡΔΑΝΟΣ κ ΣΙΑ ΕΕ. ISBN: 9789600111347.
  • ΜΗΛΟΛΙΔΑΚΗΣ, Κ. (2009). ΘΕΩΡΙΑ ΠΑΙΓΝΙΩΝ. Εκδότης: “σοφία” Ανώνυμη Εκδοτική & Εμπορική
    Εταιρεία. ISBN: 9789606706301.

Related Academic Journals

  • Annals of Operations Research, Springer
  • Artificial Intelligence, Elsevier
  • Autonomous Agents and Multi-Agent Systems, Springer
  • European Journal of Operations Research, Elsevier
  • Expert Systems with Applications, Elsevier
  • Games and Economic Behavior, Elsevier
  • International Journal of Game Theory, Springer
  • International Journal of Production Economics, Elsevier
  • Management Science, INFORMS
  • Manufacturing & Service Operations Management, INFORMS
  • Operations Research, INFORMS
Teaching Language

Greek

Teaching Method

Lectures and Practice Exercises

Student Performance Evaluation
Writing final exam70%
Assignment with presentation30%
Workload (in hours)
ActivitySemester Workload
Lectures70
Practice Exercises30
ndependent Study50
Course Total (25 hours of workload per credit) 150