Popularized by movies such as "A Beautiful Mind," game theory is the mathematical modeling of strategic interaction among rational (and irrational) agents. This training progam helps the participants to understand the strategy using logical steps. Its very useful course for bidders, mid and senior level management people who need to take significant strategic decisions on their personal and business life.
How could you begin to model keyword auctions, and peer to peer file-sharing networks, without accounting for the incentives of the people using them?
The course will provide the basics:
By the end of the program, participants will be able to:
We'll include a variety of examples including classic games and a few applications.