Facts about the course
- ECTS Credits:
- 2.5
- Responsible department:
- Faculty of Logistics
- Course Leader:
- Katerina Shaton
- Lecture Semester:
- Autumn
- Teaching language:
- English
- Duration:
- 1 week
LOG904-114 Game Theory Applied in Logistics (Autumn 2022)
About the course
This course will provide understanding of the main concepts of Game Theory and its applications in logistics. The topics covered span from the basic notions of as strategies and equilibria, game-trees and backward induction to cooperative games and introduction to mechanism design.
The lectures will combine theoretical concepts with real market applications, such as the use of coalitional game theory to find fair cost allocation within a supply chain. A considerable attention will be paid to the newest research directions in the area of logistics (e.g. routing games).
The course is connected to the following study programs
- Master of Science in Logistics
- Experience-based Master in Logistics
- Master of Science in Sustainable Energy Logistics
- Exchange programme - Master's level
- Master of Science in Sustainable Transport and Urban Mobility
Recommended requirements
No specific math is required, but some familiarity with basic probability theory is welcomed. Participation in SØK710 Industrial Organization can be a benefit, but not a prerequisite.
The student's learning outcomes after completing the course
Knowledge:
-
Understanding of concepts and principles of game-theoretic analysis and their possible applications in the field of logistics.
Skills:
-
Use concepts and principles of game theory to structure and analyse strategic interactions of agents with different objectives and available actions.
General competence:
-
Identify problems within logistics that can be approached with the toolbox of game theory.
Forms of teaching and learning
Three hours of lecturing every morning, self-study and group work in the afternoon.
Examination
Form of assessment: Home assessment without presentation
-
Proportion: 40 %
-
Duration: To be submitted on Wednesday.
-
Grouping: Group (up to two students)
-
Grading scale: Letter (A - F)
-
Support material:
Form of assessment: Home assessment without presentation
-
Proportion: 60%
-
Duration: To be submitted on Friday
-
Grouping: Group
-
Grading scale: Letter (A - F)
-
Support material: