Game Theory: A Course in Mathematical Economics
Game theory is the science of strategy. Within this ever-evolving field, practitioners are responsible for working through economic concepts that depend on rationality, as well as choice and uncertainty. Specifically, those working in this field help with optimal decision making between an independent agent and competing actors. The result of this work can take many forms, including when (and if) to launch a product and how to price it, or when to be cooperative in a negotiation (or not), or even whether to confess to a crime (or not). Throughout the course, students will study the works of key pioneers in Game Theory, as well as synthesize and triangulate readings to topics in economics, business, political science, and project management. Students will be expected to apply learnings to solve complex probability sets and analyze decision-maker payoffs. By the end of the course, students will have a new appreciation for how Game Theory directly impacts - and influences - major decisions. Additionally, they will be able to work through choices and outcomes better in their own lives.