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