|Lau Chi Hin
Office: LSB 208 Tel: 3943 7987 Email:
Office: LSB 101 Tel: 3943 8608 Email:
Time and Venue
|Lecture: Thursday 14:30-17:15; SC L5|
From the simple ``scissors, paper, and stone" game to the complex buy-and-sell financial decisions, we encounter games in our everyday life. While you are trying to figure out what your opponents are doing, they are trying to figure out what you are doing too. To maximize your outcome, you may want to cooperate or compete with all or some of them. Game theory is a way to analyze what rational people like you and me should do under these circumstances, and what the expected outcome will be if optimal strategies are followed.
The aim of this course is to provide students with a non-technical exploration of game theory. Required background in mathematics are addition, subtraction, and multiplication. (Well, we may need few divisions somewhere in the course though.) Required materials in mathematics will then be covered in the beginning of the course.
We will start with very simple parlor games to more realistic problems in economics, social psychology, biology, and business, where optimal strategies that are against intuition will be epitomized. In particular, the celebrated "Nash equilibrium" glossed over by Russell Crowe in the movie "A Beautiful Mind" will be explained in full detail in simple mathematical terms.
|Quizzes (Feb 21, March 14, April 11)||40%|
|Report and Presentation (April 18 & 25)||50%|
The Chinese University of Hong Kong places very high importance on honesty in academic work submitted by students, and adopts a policy of zero tolerance on cheating and plagiarism. Any related offence will lead to disciplinary action including termination of studies at the University. Although cases of cheating or plagiarism are rare at the University, everyone should make himself / herself familiar with the content of the following website:http://www.cuhk.edu.hk/policy/academichonesty/
and thereby help avoid any practice that would not be acceptable.