Game Theory: Strategic Thinking in Economics and Business

Game Theory in economics and business: Nash Equilibrium | Prisoner's Dilemma | Game Trees | Rollback Equilibrium

What you'll learn

Game Theory
Decision Making
Economics
Game Strategies
How the game theory can be used in everyday life
How game theory is closely related to mathematics

Requirements

Basic math

Description

About the course:

In this course you'll see game theory concept with various examples about economics and business.

This course is prepared in accordance with the academic curriculum with simple explanations.


Why game theory?

A game is any interaction between multiple people and game theory assumes any decision is a part of the game.

Game Theory was founded by mathematician John Nash in 1950s, and it is now considered as the science of strategy.

Today, game theory has a big role in economy and business. Companies use game theory in real-world scenarios for such situations as pricing competition and product releases.

Why this course?

We as Flora team, are working to create professional online education lectures. We are trying to keep it as simple as possible. You'll find the correct definitions for game theory terms in the lectures and you'll understand the topic by solving the most known game theory examples.

Who this course is for:

Economy Students
Business Managers
Strategists
Everyone interested in games, strategies and science