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What you'll learn

The reason why we need game theory to analyze social problems

Nash equilibrium as a unified solution concept and the reason why players come to play Nash equilibrium

The relationship between intellectual capacity of players and Nash equilibrium

The relationship between the rationality of individuals and socially desirable outcomes

Skills you'll gain

Decision Making

Probability

Economics

Socioeconomics

Business Strategy

Social Sciences

Strategic Thinking

Behavioral Economics

Game Theory

Strategic Decision-Making

There are 4 modules in this course

Business competition, political campaigns, the struggle for existence by animals and plants, and so on, can all be regarded as a kind of “game,” in which individuals try to do their best against others. Game theory provides a general framework to describe and analyze how individuals behave in such “strategic” situations. This course focuses on the key concepts in game theory, and attempts to outline the informal basic ideas that are often hidden behind mathematical definitions. Game theory has been applied to a number of disciplines, including economics, political science, psychology, sociology, biology, and computer science. Therefore, a warm welcome is extended to audiences from all fields who are interested in what game theory is all about.

Understanding Nash equilibrium

Rationality, Knowledge, and Evolution in Games

Sustaining Cooperation