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Strategic Decision Making and Game Theory
OVERVIEW
CEA CAPA Partner Institution: University of Technology Sydney
Location: Sydney, Australia
Primary Subject Area: Business
Instruction in: English
Transcript Source: Partner Institution
Course Details: Level 100
Recommended Semester Credits: 4
DESCRIPTION
This subject introduces students to the range of concepts and methods to study strategic behaviour, i.e. decision making in an interactive environment. Students learn surprisingly simple but very powerful tools from an exciting field of ?game theory?. These tools allow students to understand the logic of business, economic, and social decisions in a competitive environment. Among many applications that students explore in the subject are emergence and sustainability of trust and social norms, firms? production decisions, bargaining over limited resources.
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