Professional Certificate in Game Theory Models for Competitive Advantage
-- ViewingNowThe Professional Certificate in Game Theory Models for Competitive Advantage is a course designed to equip learners with the essential skills needed to excel in today's data-driven business landscape. Game theory, a mathematical model of strategic interaction, has become increasingly relevant in various industries, from finance to technology, as it provides a framework for decision-making and predicting outcomes.
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โข Introduction to Game Theory: Basics of game theory, its history, and importance
โข Basic Concepts in Game Theory: Players, strategies, payoffs, and games in normal and extensive forms
โข Game Theory Applications: Auctions, bargaining, and conflict resolution
โข Strategic Form Games: Dominant strategies, Nash equilibrium, and iterated elimination of dominated strategies
โข Extensive Form Games: Sequential games, backward induction, and subgame perfect equilibrium
โข Mixed Strategies and Mixed Strategy Equilibria: Concepts of randomization, mixed strategy Nash equilibrium
โข Repeated Games: Infinitely repeated games, folk theorems, and trigger strategies
โข Coalitional Games: Characteristics of coalitions, core, and Shapley value
โข Game Theory in Business: Game theory models for competitive advantage in business
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