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Mar 29, 2026
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BTC 773 - Game Theory and Problem Analysis for Effective Leaders Game theory is the study of strategic decision-making. It provides a mathematical framework for organizational negotiations where multiple, interdependent constituents compete for desired outcomes.
Credit(s): 3
Outcomes
- Evaluate foundational principles, key concepts, and strategic applications of game theory across diverse fields.
- Apply game-theoretic models, including Nash equilibrium, bargaining strategies, and extensive-form games, to decision-making in competitive and cooperative environments.
- Assess the influence of information asymmetry, uncertainty, and risk on strategic decision-making.Integrate insights from behavioral and evolutionary game theory to develop adaptive strategies in dynamic and uncertain environments.
- Develop strategic frameworks for leadership, negotiation, and coalition-building using advanced game-theoretic approaches.
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