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Game theory is a concept in Economics that can be used in strategy-making decisions. These assumptions are based on the mathematical models of conflict and cooperation of intelligent and rational decision makers.

This [course_title] is designed for individuals who want to develop and apply the principles of game theory to their advantage. You are provided with strategic commitment action cases in this course to apply in your decision-making strategies.

Assessment

This course does not involve any written exams. Students need to answer 5 assignment questions to complete the course, the answers will be in the form of written work in pdf or word. Students can write the answers in their own time. Each answer needs to be 200 words (1 Page). Once the answers are submitted, the tutor will check and assess the work.

Certification

Edukite courses are free to study. To successfully complete a course you must submit all the assignment of the course as part of the assessment. Upon successful completion of a course, you can choose to make your achievement formal by obtaining your Certificate at a cost of £49.

Having an Official Edukite Certification is a great way to celebrate and share your success. You can:

  • Add the certificate to your CV or resume and brighten up your career
  • Show it to prove your success

 

 

Course Credit: MIT

Course Curriculum

Module 01
Introduction 00:30:00
Rationality 00:30:00
Nash Equilibrium 00:30:00
(Un)predictable Outcomes 00:30:00
Designing Games and Influencing Outcomes 00:30:00
Backward Induction 00:30:00
Bargaining 00:30:00
Wars of Attrition 00:30:00
Dynamic Price Competition 00:30:00
Introduction to Repeated Interaction 00:30:00
Module 02
Long-run Relationships 00:30:00
Application Tacit Coordination 00:30:00
Games with Asymmetric Information 00:30:00
Introduction to Auctions 00:30:00
Online Auctions 00:30:00
Designing Auctions and Other Markets 00:30:00
Costly Signaling vs. Cheap Talk 00:30:00
Credibility and Reputation 00:30:00
Application Cold War Politics 00:30:00
Assessment
Submit Your Assignment 00:00:00
Certification 00:00:00

Course Reviews

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