Course Catalog and Schedule



Game Theory and Strategic Decisions (DECS-452-0)
1.00 Credit
TCE BidStats

Description:
Decision makers face two types of uncertainty: uncertainty about the state of nature (how much oil is on a tract of land) and uncertainty about the strategic behavior of other decision makers (what pricing strategy a competitor will follow). This course focuses on strategic uncertainty and the uses decision makers can make of the concepts of game theory to guide their decisions. Topics include bargaining and arbitration, collusion and competition, joint cost allocation, market entry and product differentiation, and competitive bidding. Role-playing exercises and case analysis are used.

Prerequisites:
Prerequisites:
Full-Time: (DECS-434-0 OR DECS-431-0 OR DECS-437-0 OR DECS-439-0 OR DECS-439-B OR DECS-440-0 OR DECS-445-0 OR DECSM-431-0)
Part-Time: (DECS-434-0 OR DECS-431-0 OR DECS-437-0 OR DECS-439-B OR DECS-440-0 OR DECS-445-0)

Download Schedule Information
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Academic Year Term   Session Course ID Title Sec ID   Credits Syl Instructor Times Campus Location Mand 1st Exam
2015-2016 Spring 2016 10 Weeks DECS-452-0 Game Theory and Strategic Decisions 30 1 Weber, Robert Thu 6:00 PM - 9:00 PM Chicago TBD (Room TBA) N
2015-2016 Spring 2016 10 Weeks DECS-452-0 Game Theory and Strategic Decisions 61 1 Weber, Robert Tue/Fri 3:30 PM - 5:00 PM Evanston TBD (Room TBA) N