Rating: 4.6 out of 5
Ready to dive into the fascinating world of Game Theory? This online course on Game Theory is a fantastic addition to the existing series of courses on Operations Research. Designed for students all over the globe, this course covers the essentials of competitive games between two rational players with known payoffs. You’ll be introduced to core concepts such as games with and without saddle points, as well as pure strategies versus mixed strategies. Plus, you’ll learn easy ways to solve two-by-two games!
The course takes things further by exploring the Rule of Dominance, as well as its modified version, which can help reduce the size of a game whenever possible. You’ll also learn how to apply the graphical solution to game theory problems that involve two rows or two columns. For those three-by-three games that just can’t be simplified, the method of oddments is your go-to technique, and this course provides two example problems to practice with. And to top it all off, you’ll master games using concepts of linear programming methods. Step up your operations research game and delve into this comprehensive Game Theory course!
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Skills you’ll learn
- Understanding basic concepts in game theory
- Distinguishing between games with saddle points and games without saddle points
- Differentiating between pure strategy games and mixed strategy games
- Applying the Rule of Dominance to reduce game sizes
- Utilizing graphical solutions for two-row or two-column games
- Employing the method of oddments for specific types of three by three games
- Solving game theory problems using linear programming concepts
- Analyzing competitive situations with rational players and known payoffs
Embark on an enlightening journey into the world of Basic Game Theory, expertly guided by the esteemed Madhusudan Sohani. Delve into 12 meticulously designed lessons that have captivated the minds of 681 eager students. Revel in the satisfaction of joining a community rated an impressive 4.6 out of 5 stars, on a quest to master this fascinating subject. So, why not join the ranks of those who’ve discovered the joys of learning Basic Game Theory?