Online Course Guide of WHU –
Find all modules and courses of our degree programs.
Please use the filters below to select the term (spring or fall) as well as the respective program (BSc, MSc, MBA, Exchange, Doctoral) of your choice for an overview of all modules offered at WHU. The courses are listed under the modules. Please click on a module to see which courses are part of it. If you would like to find out more about a certain course, click on the name of the course to see detail information. The location of the lecture will be revealed after your course registration on myWHUstudies.
Spring term counts from January - August, fall term counts from September - December.
Important for Exchange Students: As the Full-Time and Part-Time MBA Programs utilize a modular course structure, the dates on which students begin and end the exchange are flexible. Please find here a chronological overview of the preliminary course offering for Fall and Spring.
Fun and Games
Is it better to play down-the-line or crosscourt when your opponent is at the net and had just volleyed to you on the baseline? How much do you work for the next exam knowing that final grades are given along a fixed curve?
(Please note that exchange students obtain a higher number of credits in the BSc-program at WHU than listed here. For further information please contact directly the International Relations Office.)
Course Content
- The degree of conflict: Whenever a group of individuals interacts in a particular situation, individual preferences of these group members may be in conflict. In the tennis game, for example, the players' interests are strictly opposed. When meeting a friend, on the other hand, there is no conflict of interest. In the first case, we speak of games of pure conflict, in the latter one about games of pure cooperation. Between them are games of mixed interests.
- The degree of behavioral uncertainty: According to this criterion, players can either be determined, unpredictable or ambiguous in their behaviour. An example for the first case arises in team games when team members have mutual interests. The tennis game is an example where players want to be unpredictable in their play. And players are ambiguous in their behaviour if there are several possible ways how they could optimally behave.
Given these two dimensions, we discuss the following classes of games in our course: Prisoners’ Dilemma Games, where interests are mixed and players’ behaviour is determined; Dis-coordination Games, where players don’t want to coordinate their behaviour so that unpredictability is important; Zero-sum Games, where interests are strictly opposite so that players either win all or lose everything; Battle-of-Sexes Games, where players have mixed interests and behaviour is ambiguous; and Coordination and Anti-coordination Games, where players have common interests for either getting together or stepping aside and their behaviour is ambiguous.
Class Dates
Date
Time
Learning Outcomes
- Learning the basic principles of game theory will help you improve your own strategic thinking and your understanding why and how people make decisions
- Learning to create value through team work will be useful for next group works and cases
- Learning to apply game theoretical basics will serve as foundation for advanced courses
- Learning to analyze and apply a theoretical paper will help you to relate theory to praxis
- Learning a scientific method will be helpful for your bachelor and master thesis
- Learning to speak in front of others will be useful for your university and business career
Literature
Dutta, P. K.: Strategies and Games: Theory and Practice, MIT 1999
Jost, P.-J. and U. Weitzel: Strategic Conflict Management. Cheltenham 2007.
Learning Methods
Experiments
Presentation
Form of examination
- Experiment: 35%
- Presentation: 30%
- In-class assignments: 35%
- Class participation: Tiebreaker