You can some useful and simple Concepts and Strategies from Game Theory. Become a master in resolving issues using these Game Theories. You can also become an expert and apply the same in your organization to resolve conflicts etc. It is guaranteed that you will become a better leader after learning this course.
What you can learn from this course?
What is the Game Theory
Basic Elements of a Game
Importance of Game Theory
Co-operative & Non-cooperative Game Theory
Zero-sum & Non-zero Sum Game
Payoff Matrix
What is a Normal Form Game
What is ‘The Prisoner's Dilemma’
What is Nash Equilibrium
Pure & Mixed Strategy Nash Equilibrium
How to Use The Game Tree
How to Anticipate Others’ Behavior in Game
Steps to Apply Game Theory
Applications of Game Theory in Strategic Management
How Managers can Use Game Theory
As a manager or leader, you come across such situations where you need to meet so many people including strangers everyday. If any conflict arises, you have no idea what strategy to apply etc. This course teaches you how to handle such conflicts in a logical way. It helps you to analyze several such situations and it teaches you some powerful lessons, concepts and strategies.
Since it is a beginner to intermediate level course, it does not take you anywhere where various mathematical calculations and advanced concepts are involved.
All the new concepts are well articulated and explained using simple language.
The main aim of a ‘Game Theory’ is to study the consequences of or find out what happens when self-interested parties or agents interact with each other. You should understand that the word ‘self-interested’ in the context of Game Theory means that the involved each party or agent has his own description of which states of the world he likes. This may even include good things happening to other agents.
What does this course consists of?
This course is definitely going to enhance your managerial and leadership skills. No prior experience is required.
What are you still waiting for?
Join this course immediately by clicking on the Enrol button.
