Lecture
Game Theory: Decision Making in Interdependent Environments
In course
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Description
This lecture introduces the concept of game theory, focusing on decision-making in interdependent environments. It covers the definition of game situations, types of environments (certain, random, interdependent), and the value of information. The lecture explores strategic decision-making, equilibrium concepts (dominant, Nash), and their economic applications in management and interpersonal relationships.
Official source
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