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Dec 04, 2024
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BUSE 6223 - Game Theory for Business Managers
Credits: 2
Applies and extends the tools of modern game theory introduced in BUSE 6206 . Provides a framework for recognizing the basic types of strategic situations that confront management and a systematic approach for identifying effective competitive strategies. Examines the principles of cooperative versus noncooperative behavior, pure versus mixed strategies, reputation building, repeated interaction, first-mover advantage, coordination, and alternative equilibrium outcomes. Prerequisites: BUSE 6202 , BUSE 6206 .
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