Course Description
This course develops and applies principles of game theory relevant to managers’ strategic decisions. Topics include how to reason about strategies and opponents; strategic commitment, reputation, and “irrational” actions; brinkmanship and negotiation; auctions; and the design of markets and contests. …
This course develops and applies principles of game theory relevant to managers’ strategic decisions. Topics include how to reason about strategies and opponents; strategic commitment, reputation, and “irrational” actions; brinkmanship and negotiation; auctions; and the design of markets and contests. Applications to a variety of business decisions that arise in different industries, both within and outside the firm.
Course Info
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Lecture Notes
assignment
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Beyond games such as chess, this course aims to enhance students’ strategic thinking in complex interactive real-world environments. (Image courtesy of Edward Badley on Flickr. License: CC BY-NC.)
