Professional Certificate in Game Theory Models for Competitive Advantage

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The 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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AboutThisCourse

This course is important because it enables learners to understand complex business situations, anticipate competitors' moves, and make informed decisions. The course covers a range of topics, including strategic thinking, negotiation, and decision-making, and provides hands-on experience with game theory models and tools. With the growing demand for professionals who can apply game theory principles to real-world business problems, this course offers a unique opportunity for career advancement. Learners will gain a competitive edge by developing a deep understanding of game theory concepts and their practical applications, making them valuable assets to any organization.

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CourseDetails

• Introduction to Game Theory: Basics of game theory, its history, and importance
• Basic Concepts in Game Theory: Players, strategies, payoffs, and games in normal and extensive forms
• Game Theory Applications: Auctions, bargaining, and conflict resolution
• Strategic Form Games: Dominant strategies, Nash equilibrium, and iterated elimination of dominated strategies
• Extensive Form Games: Sequential games, backward induction, and subgame perfect equilibrium
• Mixed Strategies and Mixed Strategy Equilibria: Concepts of randomization, mixed strategy Nash equilibrium
• Repeated Games: Infinitely repeated games, folk theorems, and trigger strategies
• Coalitional Games: Characteristics of coalitions, core, and Shapley value
• Game Theory in Business: Game theory models for competitive advantage in business

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  • BasicUnderstandingSubject
  • ProficiencyEnglish
  • ComputerInternetAccess
  • BasicComputerSkills
  • DedicationCompleteCourse

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FastTrack GBP £149
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  • ThreeFourHoursPerWeek
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StandardMode GBP £99
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  • TwoThreeHoursPerWeek
  • RegularCertificateDelivery
  • OpenEnrollmentStartAnytime
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PROFESSIONAL CERTIFICATE IN GAME THEORY MODELS FOR COMPETITIVE ADVANTAGE
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UK School of Management (UKSM)
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05 May 2025
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