Game Theory and Business Strategy

Catalog description

Game theory is a systematic tool of analysis when a situation involves more than one interest groups. Strategic interactions among these groups often lead to interesting and unexpected outcomes. The key to good business decision lies in the ability to think in the shoes of others. This course delivers the basic concepts and tools of game theory with focus on intuition and applications. We will encounter some simple algebra, but math is not the focal point. (MHA-EL)