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Learn core game theory frameworks through practical application-based learning to transform your and your organization’s performance. With the increasing complexity of today’s world, game theory offers valuable frameworks and tools to navigate uncertainty and establish scientific rigor for strategy.
Knowledge of game theory will give students an advantage in such strategic settings. The course is structured around three “themes for acquiring advantage in games”: commitment / strategic moves, exploiting hidden information, and limited rationality.
Alessandro Bonatti MIT Sloan. Class 1 Game Plan. Introductions. Why study game theory? Overview of the course. Examples of games. Game Theory is ... ... the science of strategic interaction: . the best course of action for each player depends on what other players do. Interdependence on: opponents’ decisions.
1 gru 2009 · Our model shifts game theory from a tool that generates a specific answer to a technique for giving informed support to managerial decisions. Several factors in today’s economic environment should propel game theory to a prominent place in corporate strategy.
Starts Oct 12. Explore the mathematical modeling of strategic interactions among rational and irrational agents in various scenarios, from games to market trading. Learn game representation, extensive form, Bayesian games, and more with examples and applications. Offered by Stanford.
1 sty 2013 · This paper aims at exploring the real potential of strategic management based on dynamic game theory decisions and illustrates that the usefulness and power of game theory applied in...
Game Theory has applications in several fields, such as economics, politics, law, biology, and computer science. In this course, I will introduce the basic tools of game theoretic analysis. In the process, I will outline some of the many applications of Game Theory, primarily in economics.
