Simple Strategies from Game Theory, for Leaders & Managers !

Simple Strategies from Game Theory, for Leaders & Managers !

As Leaders and Managers, or anyone who interacts with other people, situations of interdependence, conflict, competition, and cooperation are something you deal with everyday. But it is often still a challenge to deal with these situations. How will you deal with them ? How do you know for sure, if a certain strategy will work, or not, and under what circumstances ?

Wouldn’t it be nice if there were some logical, or even mathematical way to deal with such situations ?

Yes there is ! Game Theory !

Game Theory can help you do just that. It models and analyzes several situations of Interdependence, Cooperation, Competition and Conflict. And, over the decades, this has given rise to powerful lessons, concepts and strategies. Game Theory provides a systematic way for us to model, and analyse, how to navigate throughpersonal and group decisions, in interdependent, collaborative, and competitive situations.

Armed with relevant knowledge of Game Theory Concepts, and its cool Strategies for Competition and Conflict Management, you can learn how to encourage Cooperation, and effective ways to manage conflict, and grow your network of interdependence, while navigating and managing the minefield of day to day conflicts and competition successfully.

This toolkit of strategies from Game Theory will help you upgrade your Leadership Skills and Management Strategies significantly.

You will learn about different types of Game theory scenarios, like Fair Division, The Prisoner’s dilemma, the Ultimatum and Dictator games, the Public Goods Game and the Tragedy of the Commons, as well as slightly more complicated concepts like the Shapley value. And you will learn how to apply these strategies to the day to day situations and problems you face.

Since this is a Beginner to Intermediate level Course on Game Theory strategies, it does not get into complicated mathematical modeling, or probabilities.

Important Disclaimer: This Course has nothing to do with Computer or Video Games ! It is a Course on Game Theory and Decision Theory.

Some Images and Videos courtesy Pixabay, Pexels, Pressfoto, Alpha Stock Images and FreePik, as well as epictop10 at Flickr. Some Music snippets courtesy Bensound.

Practical Leadership Strategies from Game Theory, for Conflict Management, Competition and Interdependence !

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What you will learn

• Learn some useful Concepts and Strategies, from Game Theory
• Apply these Concepts and Strategies, to situations of Interdependence, Conflict and Competition
• Learn about many different types of Game Theory situations and "games", and some successful resolution algorithms/strategies

Rating: 4.61905

Level: Beginner Level

Duration: 3 hours

Instructor: Sivakami S ; MBA ; Leadership Research