Certificate in Game Theory Equilibrium and Behavioral Economics
-- ViewingNowThe Certificate in Game Theory Equilibrium and Behavioral Economics is a comprehensive course designed to provide learners with a deep understanding of game theory, equilibrium, and behavioral economics. This course is essential for professionals seeking to make informed strategic decisions and understand the behavior of competitors and consumers in various industries.
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โข Introduction to Game Theory – Basic concepts, definitions, and history of game theory; different types of games and their applications.
โข Normal Form Games – Representing games in normal form, dominant strategies, Nash equilibrium, and examples.
โข Extensive Form Games – Game trees, sequential moves, subgame perfection, and perfect Bayesian equilibrium.
โข Mixed Strategies — Mixed strategy solutions, randomization, and examples.
โข Repeated Games — Finite and infinite repetitions, grim trigger strategies, and Folk theorems.
โข Cooperative Game Theory — Coalition formation, stable sets, and the core.
โข Behavioral Economics — Biases, heuristics, and their impact on decision-making; Prospect theory and loss aversion.
โข Game Theory Applications – Auctions, negotiations, conflict resolution, and political sciences.
โข Evolutionarily Stable Strategies — Evolutionary game theory, hawk-dove game, and evolutionarily stable strategies.
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