15.0251 Game Theory for Strategic Advantage
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. Meets with 15.025 when offered concurrently. Students taking graduate version complete additional assignments.
15.0251 will not be offered this semester. It will be available in the Spring semester, and will be instructed by A. Bonatti.
Lecture occurs 1:00 PM to 2:30 PM on Tuesdays and Thursdays in E52-164.
This class counts for a total of 9 credits.
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