Social choice(ECON416)
Course Code | Course Name | Semester | Theory | Practice | Lab | Credit | ECTS |
---|---|---|---|---|---|---|---|
ECON416 | Social choice | 6 | 3 | 3 | 3 | 3 | 5 |
Prerequisites | |
Admission Requirements |
Language of Instruction | French |
Course Type | Elective |
Course Level | Bachelor Degree |
Course Instructor(s) | Bilge ÖZTÜRK GÖKTUNA goktunabilge@gmail.com (Email) |
Assistant | |
Objective | This course is a deepening of knowledge in game theories and studies the design of the interaction between the agents in order to reach the desired social choices. |
Content | The course studies the design of the interaction of agents around three topics: social choice theory (collective decision-making and voting systems), mechanism design and auctions. The course ends with an introduction to social networks. |
Course Learning Outcomes |
1. Strategic approach to collective decision-making 2. Analysis of the behaviour of agents 3. Game theoretic formulation of voting systems, mechanisms and auctions |
Teaching and Learning Methods | The course begins with a study on social choice and follows with student presentations on voting systems, mechanisms and auctions. |
References |
Yoav Shoham and Kevin Leyton-Brown, Multiagent Systems: Algorithmic, Game-Theoretic, and Logical Foundations Cambridge University Press, 2009. Matthew O. Jackson A Brief Introduction to the Basics of Game Theory. Matthew O. Jackson (2008) Social and Economic Networks, Princeton University Press. |
Theory Topics
Week | Weekly Contents |
---|---|
1 | Introduction et examples: Voting systems and difficulties with collective decision making |
2 | Arrow theorem |
3 | Gibbard-Satterthwaite and Muller-Satterthewaite theorems |
4 | Mechanism designs: applications |
5 | Revelation principle and transferable utility |
6 | Mechanism design as a problem of optimisation |
7 | Vickrey-Clarke-Growes mechanism (examples et limitations) |
8 | Auctions and revenue equivalence theorem |
9 | Social networks |
10 | Presentation |
11 | Presentation |
12 | Presentation |
13 | Presentation |
14 | Presentation |
Practice Topics
Week | Weekly Contents |
---|
Contribution to Overall Grade
Number | Contribution | |
---|---|---|
Contribution of in-term studies to overall grade | 1 | 50 |
Contribution of final exam to overall grade | 1 | 50 |
Toplam | 2 | 100 |
In-Term Studies
Number | Contribution | |
---|---|---|
Presentation | 1 | 40 |
Other | 1 | 10 |
Toplam | 2 | 50 |
No | Program Learning Outcomes | Contribution | ||||
---|---|---|---|---|---|---|
1 | 2 | 3 | 4 | 5 |
Activities | Number | Period | Total Workload |
---|---|---|---|
Class Hours | 14 | 3 | 42 |
Working Hours out of Class | 14 | 4 | 56 |
Presentation | 1 | 15 | 15 |
Final Examinations (including preparation) | 1 | 15 | 15 |
Total Workload | 128 | ||
Total Workload / 25 | 5,12 | ||
Credits ECTS | 5 |