Course Name

Game Theory for Strategic Advantage

Collection
Free

  • General

Open

About

Several chess pieces hold down and oversized king with ropes.

Beyond games such as chess, this course aims to enhance students' strategic thinking in complex interactive real-world environments. (Image courtesy of Edward Badley on Flickr. License: CC BY-NC.)

Instructor(s)

Alessandro Bonatti

MIT Course Number

15.025

As Taught In

Spring 2015

Level

Graduate

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Course Features

Course Description

This course develops and applies principles of game theory relevant to managers' strategic decisions. Topics include how to reason about strategies and opponents; strategic commitment, reputation, and "irrational" actions; brinkmanship and negotiation; auctions; and the design of markets and contests. Applications to a variety of business decisions that arise in different industries, both within and outside the firm.