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15.025 Game Theory for Strategic Advantage (MIT) 15.025 Game Theory for Strategic Advantage (MIT)

Description

This course develops and applies principles of game theory relevant to managers' strategic decisions. Topics include how to reason about strategies and opponents; strategic commitment, reputation, and "irrational" actions; brinkmanship and negotiation; auctions; and the design of markets and contests. Applications to a variety of business decisions that arise in different industries, both within and outside the firm. This course develops and applies principles of game theory relevant to managers' strategic decisions. Topics include how to reason about strategies and opponents; strategic commitment, reputation, and "irrational" actions; brinkmanship and negotiation; auctions; and the design of markets and contests. Applications to a variety of business decisions that arise in different industries, both within and outside the firm.

Subjects

game theory | game theory | strategic advantage | strategic advantage | multi-person decision problem | multi-person decision problem | strategies and opponents | strategies and opponents | strategic commitment | strategic commitment | reputation | reputation | "irrational" actions | "irrational" actions | brinkmanship | brinkmanship | negotiation | negotiation | auctions | auctions | market design | market design | contests | contests | long-run relationships | long-run relationships | communication | communication | credibility | credibility | structures | structures | hidden information | hidden information | limits | limits | Preemptive Investment | Preemptive Investment | Audition Game | Audition Game | Location Game | Location Game | Penalty Shots | Penalty Shots | Splitting the Dollar | Splitting the Dollar

License

Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see http://ocw.mit.edu/terms/index.htm

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Kay Andrews picking oranges at contest in a grove - Orlando Kay Andrews picking oranges at contest in a grove - Orlando

Description

Subjects

orlando | orlando | florida | florida | oranges | oranges | contests | contests | orangepicking | orangepicking | orangegroves | orangegroves | kayandrews | kayandrews

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Chala Nitka, contestant in a turkey-calling contest in Moore Haven, Florida

Description

Subjects

signs | turkey | florida | hunting | 1950s | contests | moorehaven | gladescounty | turkeycalling | statelibraryandarchivesofflorida | departmentofcommercecollection | vision:mountain=0573 | vision:sky=0576 | vision:outdoor=0797 | chalanitka

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The Butlin Valetta county competition at the Plaza, Oswestry

Description

Subjects

wales | dance | cymru | balls | ballroomdancing | contests | llyfrgellgenedlaetholcymru | nationallibraryofwales | groupportraits | tuxedoes | sociallife | filmnegatives | balldresses | periodicalillustrations | genrephotographs | charlesgeoff19092002 | negyddffilm | vision:text=0509 | vision:outdoor=0726 | portraitphotgraph

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A fishing competition in Llandudno organised by Llandudno and District Sea Anglers Society

Description

Subjects

fish | wales | fishing | cymru | llandudno | contests | llyfrgellgenedlaetholcymru | nationallibraryofwales | filmnegatives | periodicalillustrations | genrephotographs | charlesgeoff19092002 | negyddffilm | vision:people=099 | vision:face=099 | vision:mountain=0654 | vision:outdoor=095

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YFC Hedging Competition at Pontfadog

Description

Subjects

wales | farmers | cymru | countrylife | hedges | contests | llyfrgellgenedlaetholcymru | nationallibraryofwales | youthorganizations | filmnegatives | pontfadog | charlesgeoff19092002 | negyddffilm | vision:outdoor=0955 | walesyfc

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Oswestry and District Motor Cycle Club grass track meeting

Description

Subjects

wales | cymru | motorcycles | racing | clubs | leisure | recreation | crowds | automobiles | contests | llyfrgellgenedlaetholcymru | nationallibraryofwales | motorcycleracing | oswestry | filmnegatives | motorcycleclubs | charlesgeoff19092002 | negyddffilm

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Young Farmers' Club rally at Shrewsbury

Description

Subjects

england | wales | cymru | teenagers | shrewsbury | clubs | scarecrows | youngadults | contests | llyfrgellgenedlaetholcymru | nationallibraryofwales | sociallife | filmnegatives | farmersgroups | charlesgeoff19092002 | negyddffilm

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George Rast leans on a 73 pound watermelon-Leesburg

Description

Subjects

boys | children | florida | festivals | leesburg | watermelons | contests | georgerast

License

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John V. Oberholtzer with Watermelon-Leesburg

Description

Subjects

men | florida | festivals | watermelon | leesburg | watermelons | contests | johnvoberholtzer

License

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The great trans-Menai swim

Description

Subjects

men | wales | children | boats | events | cymru | racing | swimmers | contests | llyfrgellgenedlaetholcymru | nationallibraryofwales | menaistraits | sociallife | filmnegatives | charlesgeoff19092002 | negyddffilm

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Llangaffo - the tidiest village in Anglesey for 1959

Description

Subjects

wales | children | cymru | villages | awards | contests | llyfrgellgenedlaetholcymru | nationallibraryofwales | filmnegatives | ritesceremonies | charlesgeoff19092002 | negyddffilm

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Competitors in the BCA's Coronation Cup at Oswestry Golf Club

Description

Subjects

men | wales | golf | cymru | caddies | contests | llyfrgellgenedlaetholcymru | nationallibraryofwales | filmnegatives | charlesgeoff19092002 | negyddffilm

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Watermelon eating contest - Leesburg

Description

Subjects

children | florida | eating | leesburg | clowns | watermelons | contests | cloowns

License

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15.025 Game Theory for Strategic Advantage (MIT)

Description

This course develops and applies principles of game theory relevant to managers' strategic decisions. Topics include how to reason about strategies and opponents; strategic commitment, reputation, and "irrational" actions; brinkmanship and negotiation; auctions; and the design of markets and contests. Applications to a variety of business decisions that arise in different industries, both within and outside the firm.

Subjects

game theory | strategic advantage | multi-person decision problem | strategies and opponents | strategic commitment | reputation | "irrational" actions | brinkmanship | negotiation | auctions | market design | contests | long-run relationships | communication | credibility | structures | hidden information | limits | Preemptive Investment | Audition Game | Location Game | Penalty Shots | Splitting the Dollar

License

Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see https://ocw.mit.edu/terms/index.htm

Site sourced from

https://ocw.mit.edu/rss/all/mit-allcourses.xml

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Children participating in a watermelon eating contest at the watermelon festival - Leesburg

Description

Subjects

florida | leesburg | watermelons | festivals | contests | children

License

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