Advanced Game Theory
Math Course | |
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Course Code | ADGA |
Year Opened | 2007-2009 |
Sites Offered | CHI |
Course Description
From the CTY Course Catalog (2007): Thomas J. Watson, the founder of IBM, once said, “Business is a game—the greatest game in the world if you know how to play it.” In today’s global economy and the international political arena, the study of games and strategy continues to be a vital part of the education of historians, economists, and politicians. In this course, students learn how to use principles of probability, statistics, and combinatorics to make strategic decisions based on another party’s actions and reactions. With these tools, students investigate the applications of game theory, learning not only how different strategies helped to define historical events, but also how they are applied today in the fields of economics and politics.