Certificate in Game Theory Fundamentals for Decision Makers
-- ViewingNowThe Certificate in Game Theory Fundamentals for Decision Makers is a comprehensive course that provides learners with a solid understanding of game theory and its application in decision-making processes. Game theory is a vital tool in various industries, including business, economics, politics, and technology, where strategic decision-making is crucial.
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โข Introduction to Game Theory: Origins, basic concepts, and examples.
โข Normal Form Games: Definition, analysis, and strategic form representation.
โข Dominant Strategies: Concept and identification in games.
โข Rational Decision Making: Players' preferences, utility functions, and best responses.
โข Mixed Strategies: Definition, interpretation, and examples.
โข Game Theory Applications: Auctions, negotiation, conflict resolution, and economics.
โข Extensive Form Games: Sequential moves, decision trees, and subgame perfection.
โข Solution Concepts in Game Theory: Nash equilibrium, Pareto optimality, and dominant equilibrium.
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