Game Theory for Strategic Advantage

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)

MIT Course Number

15.025

As Taught In

Spring 2015

Level

Graduate

Cite This Course

Course Description

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.

Related Content

Alessandro Bonatti. 15.025 Game Theory for Strategic Advantage. Spring 2015. Massachusetts Institute of Technology: MIT OpenCourseWare, https://ocw.mit.edu. License: Creative Commons BY-NC-SA.


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