Strategic Decision-Making Using Game Theory

Name: Strategic Decision-Making Using Game Theory
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In this free online course, learn how to make strategic organizational decisions by applying concepts of game theory.

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Learning Outcomes

In this free course, you will learn how to:

Summarise the fundamental concepts and principles of game theory
Apply game theory to make strategic decisions in personal and professional situations
Define simultaneous games and their significance in game theory
Analyse static and dynamic games of complete information with their concepts
Describe repeated games and their importance in modelling ongoing interactions and relationships
Recognise the impact of game theory in shaping the economic landscape and decision-making
Explain how to apply game theory principles to economics
Recall evolutionary game theory with its concepts and dynamics
Assess group decision-making and voting scenarios using game theory
Illustrate how game theory principles and elements influence the designing of competitive and strategic games
Indicate winning strategies in game theory for successful bargaining and negotiation outcomes
Discuss the potential future applications of game theory

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