Masterclass Certificate in Business Strategy: Game Theory
-- ViewingNowThe Masterclass Certificate in Business Strategy: Game Theory is a comprehensive course that equips learners with essential skills for career advancement in today's competitive business landscape. This course focuses on the application of game theory to real-world business scenarios, providing learners with a deep understanding of how to analyze and make strategic decisions that maximize value.
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โข Introduction to Game Theory – fundamentals, history, and applications in business strategy
โข Basic Concepts in Game Theory – players, strategies, payoffs, and game structures
โข Strategic Form Games – dominance, rationalizability, and Nash equilibrium
โข Extensive Form Games – sequential moves, backward induction, subgame perfection
โข Repeated Games – finitely and infinitely repeated games, Folk Theorems
โข Bayesian Games – incomplete information, Bayes' rule, and perfect Bayesian equilibrium
โข Auctions – auction forms, revenue equivalence, and optimal bidding strategies
โข Bargaining Games – cooperative games, Nash bargaining solution, and axiomatic bargaining theory
โข Game Theory Applications in Business Strategy – negotiations, pricing, competition, and cooperation
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