Management Engineering

The purpose of this course is to study mathematical models useful in taking decisions when more than a decision maker is present. In particular variational inequalities and game theoretic models will be analyzed in detail. Emphasis will be given to computational aspects. At the end of the course the student will be able to cast equilibrium problems as variational inequalities or by using game models and to develop suitable solution algorithms. He/She will also learn how to use game theoretic models and how to find algorithmically their equilibria and in realistic cases. Knowledge and understanding The aim of the course is to give students a basic knowledge of analytic methods for multi-agent environments analysis. Students will be able to model mathematically complex interactions among (economic) agents and to analyze the consequences of different choices. Applying knowledge and understanding By the end of the course students will be able apply analytical tools to the analysis of economic and industrial settings. Making judgements Lectures and practical exercises will provide students with the ability toassess the main strengths and weaknesses of the learned theoretical models. Students will also be able to gauge consequences of different decisionswhen using multi agent models. Communication By the end of the course, students will be able to discuss relevant information, ideas, problems and solutions both with a specialized and a non-specialized audience. Lifelong learning skills Students are expected to develop those learning skills necessary to undertake additional studieson the relevant topics with a high degree of autonomy. During the course, students are encouraged to investigate further topics of major interest by consulting supplementary academic publications, specialized books, and internet sites.