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Barsha Saha
In this 2-hour long project-based course, you will learn how to use 2 Game-theoretic decision rules: Maximin strategy, Minimax strategy, and the solution concept, Nash Equilibrium. You will be familiarized with key terminologies in Game Theory and learn the underlying computation mechanism of each method to solve problems. Also, you will be solving higher order payoff matrices using custom spreadsheet based solution template (one for each method) and learn to interpret the results.
Read more
In this 2-hour long project-based course, you will learn how to use 2 Game-theoretic decision rules: Maximin strategy, Minimax strategy, and the solution concept, Nash Equilibrium. You will be familiarized with key terminologies in Game Theory and learn the underlying computation mechanism of each method to solve problems. Also, you will be solving higher order payoff matrices using custom spreadsheet based solution template (one for each method) and learn to interpret the results.
Read more
In this 2-hour long project-based course, you will learn how to use 2 Game-theoretic decision rules: Maximin strategy, Minimax strategy, and the solution concept, Nash Equilibrium. You will be familiarized with key terminologies in Game Theory and learn the underlying computation mechanism of each method to solve problems. Also, you will be solving higher order payoff matrices using custom spreadsheet based solution template (one for each method) and learn to interpret the results.
Note: This course works best for learners who are based in the North America region. We’re currently working on providing the same experience in other regions.
Register for this course and see more details by visiting:
OpenCourser.com/course/ldpdp0/game
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What's inside
Syllabus
Project Overview
Welcome to Game-Theoretic solution concept with spreadsheets. Game theory has widespread application in multiple domains like Economics, Social Science, Operations, Computer Science, etc. as a strategic tool. As a methodological tool, it allows to present a systematic analysis of decisions or choices. By the end of this guided project, you will be well versed in 2 Game-theoretic decision rules: Maximin strategy, Minimax strategy, as well as the solution concept Nash Equilibrium. The custom solution templates for each of the topics will be shared with you. You will be taught to use and interpret the results using the custom solution templates. You can use the same templates in your own game-theoretic analyses or to solve problems using these strategies.
Good to know
Good to know
Know what's good ,
what to watch for , and
possible dealbreakers
Suitable for students with a foundational background in game theory principles and familiarity with basic spreadsheet functions
Provides a practical approach to understanding game theory through hands-on exercises using custom spreadsheet templates
May be less suitable for complete beginners in game theory or those without any prior experience in spreadsheet software
Taught by Barsha Saha, an experienced professional in the field of game theory and spreadsheet modeling
Offers a concise and structured approach to learning game theoretic solution concepts and their application in spreadsheet modeling
Specifically tailored for learners based in the North America region, with limited accessibility for learners in other regions
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Save Game-Theoretic Solution Concept with Spreadsheets to your list so you can find it easily later:
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Reviews summary
Excellent game theory course
Learners say this game theory course is a joy to take, thanks to its excellent lecturing.
The instructor gives clear lectures.
"excellent lecturing"
Activities
Be better prepared
before
your course. Deepen your understanding
during
and
after
it. Supplement your coursework and achieve mastery of the topics covered
in Game-Theoretic Solution Concept with Spreadsheets with these
activities:
Read 'Game Theory: A Nontechnical Introduction' by Ken Binmore
Show steps
This introductory book provides a clear and accessible overview of game theory concepts. Reading it will supplement the course material and deepen your understanding of the subject.
View
Game Theory: A Very Short Introduction
on Amazon
Show steps
-
Purchase or borrow the book.
-
Allocate time for reading and note-taking.
-
Summarize key concepts and examples from the book.
Review linear algebra
Show steps
Review the basics of linear algebra, including matrix operations, vector spaces, and linear transformations. This knowledge will provide a strong foundation for understanding the concepts covered in the course.
Browse courses on
Linear Algebra
Show steps
-
Go through your linear algebra notes or textbook.
-
Solve practice problems to test your understanding.
Create a visual representation of a game theory concept
Show steps
Visualizing game theory concepts can enhance your understanding and communication skills. Create a diagram, infographic, or other visual representation that explains a particular concept or scenario.
Browse courses on
Game Theory
Show steps
-
Choose a game theory concept to visualize.
-
Brainstorm ideas for representing the concept visually.
-
Use a tool or software to create your visual representation.
Five other activities
Expand to see all activities and additional details
Show all eight activities
Form a study group with classmates
Show steps
Working with peers is an excellent way to enhance your understanding of the material. Form a study group to discuss concepts, solve problems together, and quiz each other.
Browse courses on
Game Theory
Show steps
-
Reach out to classmates and form a group of 3-5 people.
-
Set regular meeting times and stick to them.
-
Take turns leading discussions and presenting solutions.
-
Create practice problems and quizzes to test each other's understanding.
Kaggle tutorials on game theory
Show steps
Kaggle offers interactive tutorials that provide hands-on experience with game theory concepts. These tutorials will reinforce the theoretical knowledge gained in the course and equip you with practical skills.
Browse courses on
Game Theory
Show steps
-
Create a Kaggle account and join the 'Game Theory' competition.
-
Follow the step-by-step tutorials provided by Kaggle.
-
Submit your solutions and receive feedback from the Kaggle community.
Solve practice problems from textbooks or online resources
Show steps
Solving practice problems is crucial for developing proficiency in game theory. Regularly engage in solving problems from textbooks, online platforms, or the course materials to strengthen your analytical and problem-solving skills.
Browse courses on
Game Theory
Show steps
-
Gather practice problems from various sources.
-
Set aside dedicated time for solving problems.
-
Start with easier problems and gradually increase the difficulty.
-
Check your solutions against provided answers or consult with your instructor if needed.
Attend a workshop on game theory applications
Show steps
Attending a workshop focused on game theory applications will expose you to practical examples and allow you to connect with experts in the field. This can broaden your perspective and enhance your understanding of the subject's real-world implications.
Browse courses on
Game Theory
Show steps
-
Research and identify relevant workshops.
-
Register for the workshop and prepare in advance.
-
Attend the workshop, actively participate, and network with other attendees.
-
Reflect on the workshop and apply the knowledge gained.
Participate in a game theory competition
Show steps
Participating in a game theory competition is an excellent way to test your skills, learn from others, and gain recognition. It will push you to think critically and develop innovative solutions in a competitive environment.
Browse courses on
Game Theory
Show steps
-
Research and identify suitable competitions.
-
Form a team or participate individually.
-
Prepare for the competition by practicing and developing strategies.
-
Participate in the competition and give your best effort.
-
Reflect on your performance and learn from the experience.
Read 'Game Theory: A Nontechnical Introduction' by Ken Binmore
Show steps
This introductory book provides a clear and accessible overview of game theory concepts. Reading it will supplement the course material and deepen your understanding of the subject.
View
Game Theory: A Very Short Introduction
on Amazon
Show steps
Show steps
Show steps
- Purchase or borrow the book.
- Allocate time for reading and note-taking.
- Summarize key concepts and examples from the book.
Review linear algebra
Show steps
Review the basics of linear algebra, including matrix operations, vector spaces, and linear transformations. This knowledge will provide a strong foundation for understanding the concepts covered in the course.
Browse courses on
Linear Algebra
Show steps
Show steps
Show steps
- Go through your linear algebra notes or textbook.
- Solve practice problems to test your understanding.
Create a visual representation of a game theory concept
Show steps
Visualizing game theory concepts can enhance your understanding and communication skills. Create a diagram, infographic, or other visual representation that explains a particular concept or scenario.
Browse courses on
Game Theory
Show steps
Show steps
Show steps
- Choose a game theory concept to visualize.
- Brainstorm ideas for representing the concept visually.
- Use a tool or software to create your visual representation.
Five other activities
Expand to see all activities and additional details
Show all eight activities
Form a study group with classmates
Show steps
Working with peers is an excellent way to enhance your understanding of the material. Form a study group to discuss concepts, solve problems together, and quiz each other.
Browse courses on
Game Theory
Show steps
Show steps
Show steps
- Reach out to classmates and form a group of 3-5 people.
- Set regular meeting times and stick to them.
- Take turns leading discussions and presenting solutions.
- Create practice problems and quizzes to test each other's understanding.
Kaggle tutorials on game theory
Show steps
Kaggle offers interactive tutorials that provide hands-on experience with game theory concepts. These tutorials will reinforce the theoretical knowledge gained in the course and equip you with practical skills.
Browse courses on
Game Theory
Show steps
Show steps
Show steps
- Create a Kaggle account and join the 'Game Theory' competition.
- Follow the step-by-step tutorials provided by Kaggle.
- Submit your solutions and receive feedback from the Kaggle community.
Solve practice problems from textbooks or online resources
Show steps
Solving practice problems is crucial for developing proficiency in game theory. Regularly engage in solving problems from textbooks, online platforms, or the course materials to strengthen your analytical and problem-solving skills.
Browse courses on
Game Theory
Show steps
Show steps
Show steps
- Gather practice problems from various sources.
- Set aside dedicated time for solving problems.
- Start with easier problems and gradually increase the difficulty.
- Check your solutions against provided answers or consult with your instructor if needed.
Attend a workshop on game theory applications
Show steps
Attending a workshop focused on game theory applications will expose you to practical examples and allow you to connect with experts in the field. This can broaden your perspective and enhance your understanding of the subject's real-world implications.
Browse courses on
Game Theory
Show steps
Show steps
Show steps
- Research and identify relevant workshops.
- Register for the workshop and prepare in advance.
- Attend the workshop, actively participate, and network with other attendees.
- Reflect on the workshop and apply the knowledge gained.
Participate in a game theory competition
Show steps
Participating in a game theory competition is an excellent way to test your skills, learn from others, and gain recognition. It will push you to think critically and develop innovative solutions in a competitive environment.
Browse courses on
Game Theory
Show steps
Show steps
Show steps
- Research and identify suitable competitions.
- Form a team or participate individually.
- Prepare for the competition by practicing and developing strategies.
- Participate in the competition and give your best effort.
- Reflect on your performance and learn from the experience.
Career center
Learners who complete Game-Theoretic Solution Concept with Spreadsheets will develop knowledge and skills
that may be useful to these careers:
Game Theorist
Game Theorist
A Game Theorist analyzes strategic decision-making in competitive situations. They use mathematical models to predict the behavior of players in games, and to determine the optimal strategies for those players. This course can provide a foundation for a career as a Game Theorist by introducing you to the basic concepts of game theory, and by teaching you how to use spreadsheets to solve game-theoretic problems. This will be helpful for you in your academic career in fields such as economics, political science, computer science, biology, or mathematics.
Economist
Economist
An Economist studies the production, distribution, and consumption of goods and services. They use economic models to analyze the behavior of markets, and to make recommendations for public policy. This course can help you build a foundation for a career as an Economist by introducing you to the basic concepts of game theory, and by teaching you how to use spreadsheets to solve game-theoretic problems. This will be helpful for you in your academic career and career in fields such as finance, marketing, consulting, or public policy.
Operations Research Analyst
Operations Research Analyst
An Operations Research Analyst uses mathematical and analytical techniques to solve problems in a wide variety of industries. They work with businesses to improve efficiency, reduce costs, and make better decisions. This course can help you build a foundation for a career as an Operations Research Analyst by introducing you to the basic concepts of game theory, and by teaching you how to use spreadsheets to solve game-theoretic problems. This will be helpful for you in your academic career and career in fields such as manufacturing, transportation, healthcare, or finance.
Data Scientist
Data Scientist
A Data Scientist uses data to solve problems and make decisions. They work with businesses to collect, analyze, and interpret data. This course can help you build a foundation for a career as a Data Scientist by introducing you to the basic concepts of game theory, and by teaching you how to use spreadsheets to solve game-theoretic problems. This will be helpful for you in your academic career and career in fields such as technology, finance, healthcare, or marketing.
Business Analyst
Business Analyst
A Business Analyst uses data and analysis to help businesses make better decisions. They work with businesses to identify problems, develop solutions, and implement changes. This course can help you build a foundation for a career as a Business Analyst by introducing you to the basic concepts of game theory, and by teaching you how to use spreadsheets to solve game-theoretic problems. This will be helpful for you in your academic career and career in fields such as consulting, finance, or technology.
Management Consultant
Management Consultant
A Management Consultant helps businesses improve their performance. They work with businesses to identify problems, develop solutions, and implement changes. This course can help you build a foundation for a career as a Management Consultant by introducing you to the basic concepts of game theory, and by teaching you how to use spreadsheets to solve game-theoretic problems. This will be helpful for you in your academic career and career in fields such as consulting, finance, or technology.
Financial Analyst
Financial Analyst
A Financial Analyst analyzes financial data to make investment recommendations. They work with businesses and individuals to help them make informed investment decisions. This course can help you build a foundation for a career as a Financial Analyst by introducing you to the basic concepts of game theory, and by teaching you how to use spreadsheets to solve game-theoretic problems. This will be helpful for you in your academic career and career in fields such as finance, investment banking, or consulting.
Actuary
Actuary
An Actuary uses mathematics to assess risk and uncertainty. They work with insurance companies, pension funds, and other financial institutions to help them make informed decisions about risk. This course can help you build a foundation for a career as an Actuary by introducing you to the basic concepts of game theory, and by teaching you how to use spreadsheets to solve game-theoretic problems. This will be helpful for you in your academic career and career in fields such as insurance, finance, or consulting.
Statistician
Statistician
A Statistician collects, analyzes, and interprets data. They work with businesses, governments, and other organizations to help them make informed decisions. This course can help you build a foundation for a career as a Statistician by introducing you to the basic concepts of game theory, and by teaching you how to use spreadsheets to solve game-theoretic problems. This will be helpful for you in your academic career and career in fields such as research, healthcare, or government.
Computer Scientist
Computer Scientist
A Computer Scientist designs, develops, and maintains computer systems. They work with businesses and organizations to help them solve problems and improve efficiency. This course can help you build a foundation for a career as a Computer Scientist by introducing you to the basic concepts of game theory, and by teaching you how to use spreadsheets to solve game-theoretic problems. This will be helpful for you in your academic career and career in fields such as software engineering, data science, or artificial intelligence.
Software Engineer
Software Engineer
A Software Engineer designs, develops, and maintains software applications. They work with businesses and organizations to help them solve problems and improve efficiency. This course can help you build a foundation for a career as a Software Engineer by introducing you to the basic concepts of game theory, and by teaching you how to use spreadsheets to solve game-theoretic problems. This will be helpful for you in your academic career and career in fields such as software development, web development, or mobile app development.
Data Analyst
Data Analyst
A Data Analyst collects, analyzes, and interprets data. They work with businesses and organizations to help them make informed decisions. This course can help you build a foundation for a career as a Data Analyst by introducing you to the basic concepts of game theory, and by teaching you how to use spreadsheets to solve game-theoretic problems. This will be helpful for you in your academic career and career in fields such as data analysis, business intelligence, or data mining.
Market Researcher
Market Researcher
A Market Researcher collects, analyzes, and interprets data about markets and consumers. They work with businesses and organizations to help them develop marketing strategies and make informed decisions. This course can help you build a foundation for a career as a Market Researcher by introducing you to the basic concepts of game theory, and by teaching you how to use spreadsheets to solve game-theoretic problems. This will be helpful for you in your academic career and career in fields such as marketing research, consumer behavior, or market analysis.
Product Manager
Product Manager
A Product Manager manages the development and launch of new products. They work with teams of engineers, designers, and marketers to bring new products to market. This course can help you build a foundation for a career as a Product Manager by introducing you to the basic concepts of game theory, and by teaching you how to use spreadsheets to solve game-theoretic problems. This will be helpful for you in your academic career and career in fields such as product management, product development, or innovation.
Sales Manager
Sales Manager
A Sales Manager leads a team of salespeople and is responsible for achieving sales goals. They work with customers to identify their needs and develop sales strategies. This course may be useful for you in your career as a Sales Manager by introducing you to the basic concepts of game theory, and by teaching you how to use spreadsheets to solve game-theoretic problems. This will be helpful for you in your academic career and career in fields such as sales management, business development, or account management.
For more career information including salaries, visit:
OpenCourser.com/course/ldpdp0/game
Reading list
We've selected 17 books
that we think will supplement your
learning. Use these to
develop background knowledge, enrich your coursework, and gain a
deeper understanding of the topics covered in
Game-Theoretic Solution Concept with Spreadsheets.
Provides a more advanced treatment of game theory, with a focus on its applications in economics. It good choice for students and professionals who want to gain a deeper understanding of the subject.
Provides a comprehensive treatment of game theory, with a focus on its applications in economics. It good choice for students and professionals who want to gain a deeper understanding of the subject and its implications for economic decision-making.
Classic textbook on game theory, providing a comprehensive overview of the field. It is particularly useful for its clear explanations and examples, making it a good choice for beginners.
Save
Provides a comprehensive introduction to game theory, covering both the theoretical foundations and its applications in various fields. It is an excellent resource for students and professionals who want to gain a solid understanding of the subject.
Explores the theory of conflict and negotiation, with a focus on game theory. It classic work in the field and provides insights into the strategic aspects of conflict.
Provides an introduction to game theory, with a focus on its applications in computer science. It good choice for readers who want to learn about the subject's implications for computer systems and algorithms.
Provides a mathematical introduction to game theory, with a focus on Nash equilibrium. It good choice for those interested in the theoretical foundations of game theory.
Provides a more informal and accessible introduction to game theory, with a focus on its applications in everyday life. It good choice for readers who want to learn about the subject without getting bogged down in technical details.
Provides a practical guide to game theory, with a focus on its applications in business, politics, and everyday life. It good choice for readers who want to learn how to use game theory to make better decisions.
Provides an introduction to game theory, with a focus on its applications in international relations. It good choice for readers who want to learn about the subject's implications for international politics and security.
Provides an introduction to game theory, with a focus on its applications in law. It good choice for readers who want to learn about the subject's implications for legal decision-making.
Save
Provides an introduction to game theory, with a focus on its applications in psychology. It good choice for readers who want to learn about the subject's implications for human behavior and decision-making.
Provides an introduction to game theory, with a focus on its applications in biology and evolution. It good choice for readers who want to learn about the subject's implications for the natural world.
Save
Provides an introduction to game theory, with a focus on its applications in politics. It good choice for readers who want to learn about the subject's implications for political decision-making.
Provides a non-technical introduction to game theory, making it accessible to a wider audience. It good choice for those who are new to the field or who want to learn about it without getting bogged down in the mathematics.
Provides a historical overview of game theory, tracing its development from its origins in the ancient world to its modern applications. It good choice for readers who want to learn about the subject's history and its impact on society.
Provides a non-technical introduction to game theory, making it accessible to readers with no prior knowledge of the subject. It good choice for readers who want to learn about the subject's basic concepts and its applications in everyday life.
For more information about how these books relate to this course, visit:
OpenCourser.com/course/ldpdp0/game
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Effort
2 hours
Level
Intermediate
Via
Coursera
Institution
Coursera Project Network
Instructor
Barsha Saha
Language
English
Good to know
Suitable for students with a foundational background in game theory principles and familiarity with basic spreadsheet functions
Provides a practical approach to understanding game theory through hands-on exercises using custom spreadsheet templates
May be less suitable for complete beginners in game theory or those without any prior experience in spreadsheet software
Taught by Barsha Saha, an experienced professional in the field of game theory and spreadsheet modeling
Offers a concise and structured approach to learning game theoretic solution concepts and their application in spreadsheet modeling
Specifically tailored for learners based in the North America region, with limited accessibility for learners in other regions
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