5 Best Game Theory Courses Online to Learn Strategic Decision Making

In case you are excited about studying the hidden mechanics behind what makes winners win and losers lose, then recreation idea is an intriguing topic to look into.

Sport idea is the scientific research of strategically interdependent determination making.

It was initially developed and utilized to economics to find out the behaviours of customers and markets, however is now used to check the behaviours of people in a mess of conditions and constraints.

Listed below are the finest recreation idea programs on-line that can assist you perceive the idea of optimum determination making in strategic settings.

Not solely do these programs include fascinating idea, additionally they include sensible purposes that switch into actual life expertise like negotiation and bargaining.

This publish could include affiliate hyperlinks. Please learn my disclosure for extra data.

What are the Finest Sport Principle Programs?

Listed below are the 5 finest recreation idea programs to enroll in on-line this yr:

1. Welcome to Game Theory (University of Tokyo)

Welcome to Game Theory is a course by the College of Tokyo that presents the essential concepts behind key ideas in recreation idea, comparable to equilibrium, rationality, and cooperation.

It is the least technical course on this record, and makes use of little or no arithmetic, so it is a super alternative for learners who’re searching for a high-level introduction to recreation idea.

Course Syllabus: 

• Week 1: Why Do We Want Sport Principle, and What Does It Inform Us? 

• Week 2: Understanding Nash Equilibrium 

• Week 3: Rationality, Information, and Evolution in Video games

• Week 4: Sustaining Cooperation 

This course goals to stipulate the essential concepts of recreation idea which are typically hidden behind mathematical definitions.

You will uncover how recreation idea has been utilized to quite a few disciplines, together with economics, political science, psychology, sociology, biology, and laptop science.

Within the course, additionally, you will be requested to play a easy card recreation to see the way it feels to make strategic selections. 

Key course options: 

Versatile deadlines

• Reset deadlines in accordance along with your schedule.

Shareable Certificates

• Earn a Certificates upon completion

100% on-line

• Begin immediately and be taught at your individual schedule.

Newbie Stage

• Approx. 21 hours to finish.

=> Enroll in the “Welcome to Game Theory” course on Coursera here.

2. Game Theory (Stanford University) 

After we discuss “video games”, we’re normally referring to issues like chess, poker, basketball, tennis, and so forth. 

Nonetheless, recreation idea expands past these, serving to us mannequin issues of better consequence like battle amongst nations, political campaigns, competitors amongst corporations, and buying and selling behaviour. 

This game theory course by the College of Stanford takes issues up a notch by instructing you key definitions in recreation idea and strolling you thru quite a lot of examples together with traditional video games and some purposes.

Course Syllabus: 

• Week 1: Introduction and Overview 
• Week 2: Blended-Technique Nash Equilibrium 
• Week 3: Alternate Answer to Ideas
• Week 4: Intensive-Kind Video games 
• Week 5: Repeated Video games
• Week 6: Baynesian Video games 
• Week 7: Coalitional Video games 
• Week 8: Ultimate Examination

This course contains on-line lab workout routines and downside units that can check your data of the sport idea ideas mentioned. You will additionally get to play some video games, which is a good way to be taught these advanced ideas.

When you graduate, you will give you the chance advance to the following stage with the Game Theory II: Advanced Applications course, additionally provided by Stanford College. 

Key course options: 

Versatile deadlines

• Reset deadlines in accordance along with your schedule.

Shareable Certificates

• Earn a Certificates upon completion

100% on-line

• Begin immediately and be taught at your individual schedule.

Newbie Stage

• Approx. 18 hours to finish.

=> Enroll in the Game Theory introduction course on Coursera here. 

3. Principles of Microeconomics: Social Microeconomics (University of Queensland)

When you’re searching for a course that covers recreation idea as a component of microeconomics as a complete, this is the course for you.

This course by the College of Queensland, Austrailia will lead you down a path of strategic pondering as you discover matters comparable to imperfect competitors, value discrimination, oligopoly, and recreation idea. 

You’ll be taught concerning the distinction between public items, personal items, collective items, and customary items – and the way aggressive markets can produce inefficient outcomes within the presence of externalities. 

The matters which are coated inside this course embrace:

• How and why value discrimination is used
• Totally different value discriminations and peak load pricing
• Sport idea
• Uneven Info and the right way to acquire the proper quantity of financial data
• Principal-Agent and Adversarial Choice Issues
• Ethical Hazard Drawback and the Pricey to Pretend Precept

This course is a part of the Professional Certificate in Microeconomics provided on edX. After this Social Economics course, you’ll be able to enroll within the different two programs – An Economist Means of Pondering and Aggressive Markets – and earn a verified certificates! 

Word that you’re not required to have any expertise or data on explicit educational disciplines for this course; nevertheless a background in Economics and Statistics shall be useful.

Key course options: 

• Size: 6 Weeks
• Stage: Intermediate
• Effort: 1-2 hours per week
• Course Kind: Self-paced in your time
• Certificates accessible upon completion
• Related packages: Skilled Certificates in Microeconomics

=> Enroll in the Principles of Microeconomics: Social Economics here.

4. Hands-On Microeconomics: a primer in Game Theory (Udemy) 

This highly-rated Udemy course introduces the principle ideas of non-cooperative recreation idea through a hands-on strategy. 

The course is taught by Luigi Ventura, Professor of Economics at Sapienza, College of Rome.

Ventura has lectured extensively within the fields of microeconomics, macroeconomics, econometrics and managerial economics at a number of main establishments worldwide, such because the College of Southampton, the London College of Economics and Political Science, the College of Hawaii.

The course is especially aimed toward first and second yr economics college students, social science college students, and managers wishing to achieve perception into theoretical recreation ideas with a view to suppose extra strategically. 

What you’ll be taught: 

• The principle ideas in non-cooperative recreation idea and the right way to use them to seek out equilibria for precise video games

• Standard battle horse video games, comparable to matching pennies, the prisoners’ dilemma, the battle of sexes and the sport of rooster

• Equilibrium ideas comparable to that of Nash equilibrium and subgame good equilibrium 

• How one can make comparisons between recreation theoretic ideas and market varieties 

Course Syllabus: 

• Introduction
• Elements of a recreation
• The Prisoners’ dilemma
• Defining an equilibrium
• Discovering an equilibrium: the Prisoners’ dilemma
• The battle of sexes
• The sport of matching pennies

• Nash equilibrium in combined methods
• Discovering a Nash equilibrium in combined methods for the sport of matching pennies
• Decoding combined technique equilibria
• No combined technique equilibrium for the prisoners’ dilemma
• A really harmful recreation: the sport of rooster

• Refining Nash equilibria by eliminating dominated methods
• An instance of iterated elimination of dominated methods
• The prisoners’ dilemma: an equilibrium in dominant methods
• Video games in in depth varieties
• Subgame good equilibria

• Repeated video games
• Video games and market regimes
• Cournot duopoly and the prisoners’ dilemma
• Sequential video games and Stackelberg duopoly

To achieve this course, it’s endorsed that you’ve a primary understanding of algebra, calculus, and statistics (specifically, the idea of weighted common).

Key course options:

• 2.5 hours on-demand video
• 1 downloadable useful resource
• Full lifetime entry
• Entry on cell and TV
• Certificates of completion

=> Enroll in Hands-On Microeconomics: a primer in Game Theory here.

5. Game Theory Algorithms in Competitive Programming (Udemy)

This online course approaches recreation idea from the attitude of aggressive programming. The course is taught by Apaar Kamal, a Software program Engineer at Google. 

Aggressive Programming is a psychological sport the place members are challenged to code a given downside below offered constraints.

These challenges typically include recreation idea primarily based questions, comparable to questions on Sprague Grundy Theorem, Nim recreation technique, Subtraction Video games, Combinatorial Video games, Graph Video games and Take-away video games. 

This course is designed for each newcomers and superior programmers seeking to advance their aggressive programming expertise by tackling recreation idea issues of varied problem ranges.

Course Syllabus: 

• Introduction 
• Setting Up Chic Textual content [optional] 
• Take Away Video games and Subtraction Video games 
• Nim Video games
• Sprague Grundy Operate 
• Sprague Grundy Theorem 
• Drawback Set – I 
• Drawback Set – II 
• Drawback Set – III 
• Drawback Set – IV
• Miscellaneous Issues 

In fact, this can be a extra specialised choice than the opposite recreation idea programs on this record, as a result of it includes coding and is focused in the direction of programmers and laptop science college students. 

So earlier than you enroll, you need to be comfy coding in at the least one programming language and have a primary understanding of data structures. 

Key course options: 

• 8 hours on-demand video
• 1 article
• 17 downloadable assets
• 20 coding workout routines
• Full lifetime entry
• Entry on cell and TV
• Certificates of completion

=> Enroll in the Game Theory for Competitive Programming course.

Ultimate Ideas

Whether or not you are excited about a conceptual introduction to recreation idea, otherwise you need to dive deeper with algorithms and formulation, hopefully you have discovered a recreation idea course (or two) for you! 

Studying concerning the rules and strategies of behavioural economics by matters like recreation idea is an helpful endeavour that can allow you to higher perceive why folks make sure selections. 

Hopefully you’ll take what you be taught in these programs and use them to make extra strategic selections in your individual life.

Glad studying!

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