for IT managers
Game theory is the study of mathematical models of strategic interaction among rational decision-makers. It is the process of modeling the strategic interaction between two or more players in a situation containing set rules and outcomes. The course aims to instill knowledge in the fields of game theory that relate to IT management. During the lessons, we will analyze contemporary examples, while inquiry and exploration will be encouraged. The curriculum presents an introduction to game theory and strategic thinking. It emphasizes strategies such as the Prisoner’s Dilemma, the “chicken” game, Extortion and cooperation in the Prisoner’s Dilemma, and the coalition bargaining model.