MANAGERIAL DECISION MAKING AND GAME THEORY
- Course
- BUSN629 - MANAGERIAL DECISION MAKING AND GAME THEORY
- Department
- Business Administration - English - PhD
- Course Type
- Course
- Status
- Required
- Language
- English
- Credit
- 3
- ECTS
- 0
- T+P+L
- 3 + 0 + 0
- Course Coordinator(s)
- -
- Prerequisite
- -
- Keywords
- -
Course Description
-
MANAGERIAL DECISION MAKING AND GAME THEORY
Evaluation Tools (Active Term)
No evaluation items have been defined.
Course outcomes
- 01 Defining Decision Science in the Business Environement
- 02 Examining Alternative Tecniques and Tools
- 03 Assesing different decision models and consequences
- 04 Defining game theory concepts
- 05 Classifying and explaining chance and probability
- 06 Assesing practical applications of game theory
Course Syllabus
| Week | Topic |
|---|---|
| Week 1 | General Introduction and Orientation to the Course |
| Week 2 | Foundations of Decision Making |
| Week 3 | Managerial Decision Making |
| Week 4 | Ethical Aspects |
| Week 5 | Introduction to Game Theory |
| Week 6 | Simultaneous Games and Prisoner's Dilemma |
| Week 7 | Dominant Strategy and Nash Equilibrium |
| Week 8 | Mid Term Period |
| Week 9 | Mid Term Period |
| Week 10 | Randomness & Chance |
| Week 11 | Incomplete and Perfect Information |
| Week 12 | Repeated Games |
| Week 13 | Practical Applications of Game Theory |
| Week 14 | Wrap Up |
| Week 15 | - |
Reference Books & Course Materials
- 01 Decision Theory A Brief Introduction, Sven Ove Hansson, 2005, RIT, Stockholm, Sweden
- 02 A Leadership Perspective on Decision Making, Selart, M., 2010, CAPPELEN
- 03 Game Theory at Work, Miller, J.D., 2003, McGraw-Hill
Learning Outcomes
No learning outcomes have been defined.
Program Outcomes
- P01 PO1 Become competent in searching and comprehending the relevant academic articles, interpreting the information learnt or obtained via various channels and absorbing exceptional knowledge in their field.
- P02 PO2 Devoted themselves to be a qualified researcher and knowledge worker in their field all throughout their life and career.
- P03 PO3 Demonstrated that they developed their individual capabilities through written projects, assignments and presentations that they will independently implement both in academia and work contexts.
- P04 PO4 Gained key practical skills and knowledge which need to be implemented in their own research and business work environment.
- P05 PO5 Been able to implement critical and analytical thinking and analyses into their studies, research and work.
- P06 PO6 Become proficient in adopting the gained knowledge into practice and research in a critical, and analytical way.
- P07 PO7 Become experts in using information technology tools for their studies, research and workplace in an ethical and safely environment by sharing and transferring their knowledge.
- P08 PO8 Succeeded in working, researching and forming partnerships with their colleagues/team members in a global environment.
- P09 PO9 Proved themselves capable of disseminating and sharing knowledge, sustainingly communicating with others, in any global workplace or research setting.
- P10 PO10 Become capable of interpreting and transferring their qualified knowledge into practice and research.
- P11 PO11 Dedicated themselves to applying advanced academic studies and enrolled themselves in work or non-work projects related to environmental approaches and ethical issues.
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