Intro to Game Theory & its Applications in the Real World

This course might be better described as "The Theory of Strategy" or "The Theory of (Interactive) Decision Making".

We may not realize that a lot of our interactions in life - from exams and group study, to business and economics, to relationships, as also to co-ordination and co-operation - require fairly complex tactics and strategies for improving desired outcomes. Economists and psychologists and others have been studying the theory behind these strategies for a long time, and this branch of study is called Game Theory.

Anyone can improve their strategies and tactics in dealing with lots of real life situations through an understanding of Game Theory. This course will introduce the students to Game Theory, through the use of lots of practical examples and role-play.

Hear Navin describe the course in this video.