Game Theory in Economics and Business
( 24 Modules )

Module #1
Introduction to Game Theory
Overview of game theory, its importance, and applications in economics and business

Module #2
Strategic Interdependence
Understanding how individual decisions are influenced by others actions

Module #3
Types of Games
Classification of games:simultaneous, sequential, zero-sum, and non-zero-sum games

Module #4
Nash Equilibrium
Definition, properties, and examples of Nash Equilibrium

Module #5
Prisoners Dilemma
Classic game theory example, illustrating the conflict between individual and group rationality

Module #6
Ultimatum Game
Behavioral economics experiment, showing deviations from rational choice theory

Module #7
Game Trees and Extensive Form Games
Visual representation of sequential games, analyzing strategic decisions

Module #8
Perfect Information and Imperfect Information Games
Impact of information on game outcomes, including asymmetric information

Module #9
Mixed Strategies
Randomizing actions to make opponents indifferent, ensuring unpredictability

Module #10
Evolutionary Game Theory
Studying the dynamics of strategy adaptation and evolution in games

Module #11
Auction Theory
Analysis of auction mechanisms, including sealed-bid and open-outcry auctions

Module #12
oligopoly and Duopoly Models
Applying game theory to understand competition among few firms

Module #13
Cartel Formation and Stability
Game-theoretic analysis of cooperation and defection among firms

Module #14
Bargaining and Negotiation
Strategic interactions in bilateral negotiations, including Nash bargaining solution

Module #15
Signaling and Screening
Using signals and information to convey credibility and separate types

Module #16
Mechanism Design
Designing rules and institutions to achieve desired outcomes in games

Module #17
Voting and Social Choice
Applying game theory to understand voting systems and collective decision-making

Module #18
Network Effects and Externalities
Analyzing the impact of network structures on game outcomes

Module #19
Behavioral Game Theory
Integrating insights from psychology and behavioral economics into game theory

Module #20
Experimental Game Theory
Designing and conducting experiments to test game-theoretic predictions

Module #21
Computational Game Theory
Using computational methods and algorithms to solve complex games

Module #22
Evolutionary Stable Strategies
Long-run evolution of strategies in repeated games

Module #23
Game Theory in Auctions and Procurement
Applications of game theory in auction design and procurement processes

Module #24
Course Wrap-Up & Conclusion
Planning next steps in Game Theory in Economics and Business career

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Game Theory in Economics and Business ( 24 Modules )

Game Theory in Economics and Business
( 24 Modules )