{"id":18513,"date":"2025-07-19T17:07:18","date_gmt":"2025-07-19T15:07:18","guid":{"rendered":"https:\/\/www2.mie.uth.gr\/?page_id=18513"},"modified":"2025-10-25T20:53:36","modified_gmt":"2025-10-25T17:53:36","slug":"%ce%bf%cf%800904-game-theory-elective-production-management-track","status":"publish","type":"page","link":"https:\/\/mie.uth.gr\/?page_id=18513&lang=en","title":{"rendered":"\u039f\u03a00904 GAME THEORY (Elective Course 3)"},"content":{"rendered":"\t\t
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\u039f\u03a00904 GAME THEORY (ELECTIVE COURSE 3)<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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\u039f\u03a00904 GAME THEORY (ELECTIVE COURSE 3)<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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Course Information<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
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Course Outline<\/span><\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Course Category<\/strong>
Course Type<\/strong>
Secretary Code<\/strong>
Semester<\/strong>
Duration<\/strong>
ECTS Units
Sector
<\/strong><\/p>

Instructor<\/b><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t

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Undergraduate\u00a0
Elective Course 3\u00a0
\u039f\u03a00904\u00a0
9th (Winter)\u00a0
5 hours\/week\u00a0
6
Production Management and Industrial Administration
Taouktsis Xenofon<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Course Category: <\/strong>Undergraduate
Course Type: <\/strong>Elective Course 3
Secretary Code: <\/strong>\u039f\u03a00904
Semester: 9<\/strong>th (Winter)
Duration: <\/strong>5 hours\/week
ECTS Units:\u00a0<\/strong>6
Sector: <\/strong>Production Mangenent and Industrial Administration
Instructor:\u00a0<\/span><\/strong>Taouktsis Xenofon<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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<\/i>Aim<\/span><\/div>

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. <\/p><\/div>\n\t\t\t\t\t<\/div>

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<\/i>Syllabus<\/span><\/div>
  • Introduction to Game Theory, <\/li>
  • The Concept of Strict and Weak Dominance Strategies, <\/li>
  • Nash Equilibrium, <\/li>
  • The Cournot Model, <\/li>
  • Collusion \/ Cartels, <\/li>
  • The Tragedy of the Commons, <\/li>
  • Mixed Strategies, <\/li>
  • Extensive Form Games, <\/li>
  • Subgame Perfect Nash Equilibrium, <\/li>
  • Finitely Repeated Games, <\/li>
  • Infinitely Repeated Games, <\/li>
  • Games of Incomplete Information (Bayesian Games), <\/li>
  • Mechanism Design, <\/li>
  • Ascending and Descending Bid Auctions (English and Dutch Auctions), <\/li>
  • First-Price Sealed-Bid Auctions, <\/li>
  • \u00a0Second-Price Sealed-Bid Auctions.<\/li><\/ul><\/div>\n\t\t\t\t\t<\/div>
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    <\/i>Literature<\/span><\/div>

    Suggested Literature<\/strong><\/span><\/span><\/p>

    • Amit, R. K. (2024). Game Theory with Applications in Operations Management. Springer Nature\u00a0 Singapore. https:\/\/doi.org\/10.1007\/978-981-99-4833-8 \u00a0<\/span><\/li>
    • Carpenter, J., & Andrea, R. (2025). \u0398\u0395\u03a9\u03a1\u0399\u0391 \u03a0\u0391\u0399\u0393\u039d\u0399\u03a9\u039d \u039a\u0391\u0399 \u03a3\u03a5\u039c\u03a0\u0395\u03a1\u0399\u03a6\u039f\u03a1\u0395\u03a3. \u0395\u03ba\u03b4\u03cc\u03c4\u03b7\u03c2: \u0395\u039a\u0394\u039f\u03a3\u0395\u0399\u03a3
      \u039a\u039b\u0395\u0399\u0394\u0391\u03a1\u0399\u0398\u039c\u039f\u03a3 \u0395\u03a0\u0395. ISBN: 9789606456770.
      <\/span><\/li>
    • Fudenberg, D., & Tirole, J. (1991). Game Theory. MIT Press.<\/span><\/li>
    • Gibbons, R. (2009). \u0395\u03b9\u03c3\u03b1\u03b3\u03c9\u03b3\u03ae \u03c3\u03c4\u03b7 \u03b8\u03b5\u03c9\u03c1\u03af\u03b1 \u03c0\u03b1\u03b9\u03b3\u03bd\u03af\u03c9\u03bd. \u0395\u03ba\u03b4\u03cc\u03c4\u03b7\u03c2: \u0393. \u0394\u0391\u03a1\u0394\u0391\u039d\u039f\u03a3 – \u039a. \u0394\u0391\u03a1\u0394\u0391\u039d\u039f\u03a3 \u03ba \u03a3\u0399\u0391 \u0395\u0395. ISBN: 9789600113075.
      \u2022 McCain, R. A. (2019). \u0398\u03b5\u03c9\u03c1\u03af\u03b1 \u03a0\u03b1\u03b9\u03b3\u03bd\u03af\u03c9\u03bd. \u0395\u03ba\u03b4\u03cc\u03c4\u03b7\u03c2: BROKEN HILL PUBLISHERS LTD. ISBN: 9789925575404.<\/span><\/li>
    • Munoz-Garcia, F., & Toro-Gonzalez, D. (2019). Strategy and Game Theory. Springer International Publishing. https:\/\/doi.org\/10.1007\/978-3-030-11902-7
      <\/span><\/li>
    • Osborne, M. J. (2010). \u0395\u0399\u03a3\u0391\u0393\u03a9\u0393\u0397 \u03a3\u03a4\u0397 \u0398\u0395\u03a9\u03a1\u0399\u0391 \u03a0\u0391\u0399\u0393\u039d\u0399\u03a9\u039d. \u0395\u03ba\u03b4\u03cc\u03c4\u03b7\u03c2: \u0395\u039a\u0394\u039f\u03a3\u0395\u0399\u03a3 \u039a\u039b\u0395\u0399\u0394\u0391\u03a1\u0399\u0398\u039c\u039f\u03a3 \u0395\u03a0\u0395.ISBN: 9789604613939.<\/span><\/li>
    • \u0392\u03b1\u03c1\u03bf\u03c5\u03c6\u03ac\u03ba\u03b7\u03c2, \u0393. (2007). \u0398\u03b5\u03c9\u03c1\u03af\u03b1 \u03c0\u03b1\u03b9\u03b3\u03bd\u03af\u03c9\u03bd. \u0395\u03ba\u03b4\u03cc\u03c4\u03b7\u03c2: \u0393. \u0394\u0391\u03a1\u0394\u0391\u039d\u039f\u03a3 – \u039a. \u0394\u0391\u03a1\u0394\u0391\u039d\u039f\u03a3 \u03ba \u03a3\u0399\u0391 \u0395\u0395. ISBN: 9789600111347.<\/span><\/li>
    • \u039c\u0397\u039b\u039f\u039b\u0399\u0394\u0391\u039a\u0397\u03a3, \u039a. (2009). \u0398\u0395\u03a9\u03a1\u0399\u0391 \u03a0\u0391\u0399\u0393\u039d\u0399\u03a9\u039d. \u0395\u03ba\u03b4\u03cc\u03c4\u03b7\u03c2: \u201c\u03c3\u03bf\u03c6\u03af\u03b1\u201d \u0391\u03bd\u03ce\u03bd\u03c5\u03bc\u03b7 \u0395\u03ba\u03b4\u03bf\u03c4\u03b9\u03ba\u03ae & \u0395\u03bc\u03c0\u03bf\u03c1\u03b9\u03ba\u03ae
      \u0395\u03c4\u03b1\u03b9\u03c1\u03b5\u03af\u03b1. ISBN: 9789606706301.<\/span><\/li><\/ul>

      Related Academic Journals<\/strong><\/span><\/p>

      • Annals of Operations Research, Springer
        <\/span><\/li>
      • Artificial Intelligence, Elsevier
        <\/span><\/li>
      • Autonomous Agents and Multi-Agent Systems, Springer
        <\/span><\/li>
      • European Journal of Operations Research, Elsevier
        <\/span><\/li>
      • Expert Systems with Applications, Elsevier<\/span><\/li>
      • Games and Economic Behavior, Elsevier
        <\/span><\/li>
      • International Journal of Game Theory, Springer<\/span><\/li>
      • International Journal of Production Economics, Elsevier
        <\/span><\/li>
      • Management Science, INFORMS<\/span><\/li>
      • Manufacturing & Service Operations Management, INFORMS
        <\/span><\/li>
      • Operations Research, INFORMS<\/span><\/li><\/ul><\/div>\n\t\t\t\t\t<\/div>
        \n\t\t\t\t\t
        <\/i>Teaching Language<\/span><\/div>

        Greek<\/p><\/div>\n\t\t\t\t\t<\/div>

        \n\t\t\t\t\t
        <\/i>Teaching Method<\/span><\/div>

        Lectures and Practice Exercises<\/p><\/div>\n\t\t\t\t\t<\/div>

        \n\t\t\t\t\t
        <\/i>Student Performance Evaluation<\/span><\/div>
        Writing final exam<\/strong><\/td>70%<\/td><\/tr>
        Assignment with presentation<\/strong><\/td>30%<\/td><\/tr><\/tbody><\/table><\/div>\n\t\t\t\t\t<\/div>
        \n\t\t\t\t\t
        <\/i>Workload (in hours)<\/span><\/div>
        Activity<\/strong><\/td>Semester Workload<\/strong><\/td><\/tr>
        Lectures<\/td>70<\/td><\/tr>
        Practice Exercises<\/td>30<\/td><\/tr>
        ndependent Study<\/td>50<\/td><\/tr>
        Course Total (25 hours of workload per <\/strong>credit) <\/strong><\/td>150<\/strong><\/td><\/tr><\/tbody><\/table><\/div>\n\t\t\t\t\t<\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

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