What you'll learnBe able to use the knowledge of game theory in various life sitiuations
Be able to distinguish different types of games
Be able to think strategically
Be able to make better decisions in both personal and professional life.
Requirementsbasic knowledge of probability and pre-calculus
DescriptionDo you like games? are you looking for ways to improve your decision-making skills in professional and personal life? This course is just for you. Based off of an online course I taught to college students, this course introduces you to the study of strategies in a game-theoretic approach which has applications in Business, Economics, Biology, and our everyday social life. Game theory studies our tendency to intuitively consider others' preferences when making decisions and attempts to mathematically model these decisions. The end purpose of these models is to understand how rational economic agents optimize their decisions and give insight into how individuals, firms, and governments can use these knowledges to improve their institutions. Depending on how you utilize my materials, I believe this course will offer a great learning experience. Some objectives of this course are for you to:1)Understand how to model various strategic settings into different kind of games.2)Learn how rational economic agents optimize their decision in strategic settings.3)Apply the knowledge to improve our decision-making skills in public policy, business, and organizations.You will be learning the following topics:-Normal Form Games-Nash Equilibrium-Oligopolistic Competition-Other applications of Nash Equilibrium-Mixed Strategy-Extensive Form Games-Repeated Games-Bounded Rationality & Behavioral EconomicsPrerequisites:Just basic knowledge of probability and pre-calculus is all you need! I explain everything from scratch so no worries. Optional Software:You do not need any software but there is an optional app called "Moblab" you can search on google and sign up to practice some of the games we cover with robots. Additional Materials:I follow the textbook "An Introduction to Game Theory" by Watson but this is optional as my lecture includes all the necessary materials. Mindset:The mindset you should have going into this course is that of eagerness and curiosity. As you learn about various games try to think about real examples in your lives where these games can be applied!I hope you enjoy this course and most importantly have fun doing so!
Who this course is forFor anyone who wants to learn how to make better decisions using game theory
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