Introduction to Game Theory (ONLINE)

About

Game theory is used to analyse conflict situations, recognize guiding principles that determine stable outcomes and identify ways in which certain responses may be induced. The science of game theory has roots in philosophy, economics and mathematics and is finding increasing applications in management and politics. Increasingly, game theory is embedded in the culture of decision making and policy formulation. The objective of this course is to introduce students to the approach, concepts and methodology of game theory using simple puzzles compiled over nearly two decades of teaching game theory as well as articles from reputed newspapers (e.g. The New York Times) about contemporary societal problems. Working through such puzzles will give students practice with examples so that they can analyse real world problems described in the articles with the game theoretic tools.
The originality of this course is that the application of abstract concepts shrouded in complex mathematics will be demystified using cartoons, newspaper texts and simple puzzles. Thus, this would be a unique opportunity for those without a background in mathematics or economics to understand the principles of game theory and learn to apply them to understand strategic problems or conflicts. Logic will be at the center of all analysis

Course leader

Shyama Ramani

Target group

Enrolled as an undergraduate student or holder of an undergraduate diploma, including those pursuing advanced studies or professional careers.

First year Bachelor Students in any subject

Course aim

By the end of the course, the following learning outcomes are expected for students:
• Recognize whether a context is a decision or a game.
• Represent the ‘game’ in any strategic situation.
• Predict whether a stable solution is possible in a strategic interaction.
• Recognize certain paradigms of conflict situations.
• Understand the built-in pitfalls and advantages of certain bargaining processes.
• Be able to identify and understand the role incentives in contracts.
• Understand the role of information and how information is used strategically.
• Have a better understanding thereby of the games firms, governments, other intermediaries, consumers and citizens play in our society and challenges for sustainable development

Fee info

Apply before February 16 2026 to save 50 euros on this course! Offer applies to applications completed (paid) before the deadline.