The objective of the course is to provide students with a critical appreciation of behavioural economics and game theory, and applications for strategic management in global markets. The course will help students to understand how managers in the real world ought to read situations from an economic and strategic angle. Attention will be given to conceptual underpinnings.
The first part of course provides an advanced introduction to game theory (strategic reasoning) and key topics in individual decision making (time and risk preferences). The second part of the course will apply the insights of game theory to firms’ strategies, with special emphasis on global strategies and international markets.