INQ-241 | Game Theory & Decision-Making

Full Title: Game Theory and Probability: Tools for Making Better Decisions

Topic Description:

Why is one choice better than another? How does another person's desire to compete or be cooperative inform our choices? When chance is involved, how can we make the best choice possible? We address these questions from a mathematical point of view; specifically, we first explore game theory, “the study of mathematical models of conflict and cooperation between intelligent, rational decision-makers” and, while most often applied to economics, has connections to political science, psychology, biology, and other fields. We then look at probability as a base model when chance, rather than other people, are involved. As time allows we will bring in ideas from combinatorial game theory, information theory, and other related topics.

Counts as Global? No

Topic Approved: October 2017