Behavioral Economics and Game Theory Strategies
-- viewing nowBehavioral Economics explores how psychological factors influence economic decisions. It combines economics with psychology, sociology, and neuroscience.
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Course details
• Prospect Theory
• Game Theory Fundamentals (Nash Equilibrium, Dominant Strategies)
• Behavioral Game Theory (Bounded Rationality, Cognitive Biases)
• Ultimatum Game & Dictator Game
• Public Goods Games
• Social Preferences (Altruism, Fairness, Reciprocity)
• Framing Effects & Anchoring Bias
• Loss Aversion
• Decision Making under Risk and Uncertainty
Career path
Career Role (Behavioral Economist) | Description |
---|---|
Behavioral Economist (Market Research) | Analyze consumer behavior to optimize marketing strategies; leveraging game theory for competitive advantage. High demand. |
Game Theory Analyst (Finance) | Develop pricing models and risk assessment strategies using game theory principles. Strong salary potential. |
Behavioral Scientist (Public Policy) | Influence public policy decisions by understanding behavioral biases and designing effective interventions. Growing sector. |
Data Scientist (Behavioral Economics) | Utilize large datasets to identify patterns in human behavior and inform business decisions. High earning potential. |
Entry requirements
- Basic understanding of the subject matter
- Proficiency in English language
- Computer and internet access
- Basic computer skills
- Dedication to complete the course
No prior formal qualifications required. Course designed for accessibility.
Course status
This course provides practical knowledge and skills for professional development. It is:
- Not accredited by a recognized body
- Not regulated by an authorized institution
- Complementary to formal qualifications
You'll receive a certificate of completion upon successfully finishing the course.
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