Basics of Strategic Game Theory for Managers


Introduction

Introduction

Explain What is the Game Theory

Explain the Basic Elements of a Game

Explain the Importance of Game Theory

Explain Co-operative & Non-cooperative Game Theory

Explain What is Zero-sum & Non-zero Sum Game

Explain What is a Payoff Matrix

Explain What is a Normal Form Game

Explain What is The Prisoner’s Dilemma

Explain What is Nash Equilibrium

Describe Pure & Mixed Strategy Nash Equilibrium

Explain How to Use The Game Tree

Describe How to Anticipate Others Behavior in Game

Explain Steps to Apply Game Theory

List Applications of Game Theory in Strategic Management

Explain How Managers can Use Game Theory

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