23506 Strategic Decision Making and Game Theory6cp
There are course requisites for this subject. See access conditions.
Anti-requisite(s): 23592 Game Theory
This subject introduces students to the range of concepts and methods to study strategic behaviour, i.e. decision making in an interactive environment. Students learn surprisingly simple but very powerful tools from an exciting field of “game theory”. These tools allow students to understand the logic of business, economic, and social decisions in a competitive environment. Among many applications that students explore in the subject are emergence and sustainability of trust and social norms, firms’ production decisions, bargaining over limited resources.
Detailed subject description.