Game Theory for Business and Social Sciences
Your upfront cost: $0
Subjects may require attendance
- 12 Jul 2021
QS RANKING 2021
Times Higher Education Ranking 2021
Upon completion of this subject, the student should be able to:
- Define, identify and interpret key concepts used in game theory to analyse strategic interaction in a variety of settings
- Use game theory to analyse strategic interaction in a variety of settings
- Use economic theory to Interpret the way in which games are predicted to be played, and the way they are observed to be played
- To be confirmed, check subject LMS at commencement for more information.
No eligibility requirements
No special requirements
In both our personal and work lives we regularly encounter 'games': that is, situations where our actions affect the others we interact with, and vice versa. Game Theory provides a framework to discuss and analyse these types of strategic interactions. It provides a modern language to important issues in business, economics, political science, sociology, philosophy and ethics, socio-biology and law. In this subject, you will be introduced to the central elements of game theory. You will learn about thinking strategically and its benefits in a variety of strategic settings and for many different applications. We will discuss how people might be expected to act in a variety of games and identify the best response to that behaviour.
- In-class Games (10%)
- Short Answer Tests (25%)
- Final Exam (50%)
- Assignment (10%)
- Tutorial Participation (5%)
Current study term: 11 Jul 21 to 17 Oct 21
Check the learning management system (LMS) of your university for textbook details.