15.0251 Game Theory for Strategic Advantage

Class Info

Develops and applies principles of game theory relevant to managers' strategic decisions. Topics include how to reason about strategies and opponents; strategic commitment and negotiations; reputation and seemingly irrational actions; bidding in auctions; and the design of auctions, contests and markets. Applications to a variety of business decisions that arise in different industries, both within and outside the firm. Meets with 15.025 when offered concurrently. Expectations and evaluation criteria differ for students taking graduate version; consult syllabus or instructor for specific details.

This class has 15.0111, and 14.01 as prerequisites.

15.0251 will not be offered this semester. It will be available in the Spring semester, and will be instructed by G. Cisternas and A. Bonatti.

This class counts for a total of 9 credits.

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