Academic Catalog

OR607 GAME THEORY&COMPETITIVE STRATEGIES

Course Code: 8800607
METU Credit (Theoretical-Laboratory hours/week): 3(3-0)
ECTS Credit: 8.0
Department: Operational Research
Language of Instruction: English
Level of Study: Graduate
Course Coordinator: Assist.Prof.Dr ZGEN KARAER
Offered Semester: Fall Semesters.

Course Content

Social behaviour viewed as a competitive behaviour and the Von Neumann Morgenstern theory for its study. Human value and its measurements. Games in extensive form. Zero and Non-Zero sum games. Cooperative and noncooperative games. Games played against randomly behaving ignorant players and competitive bidding problems and mathematical models for their solutions.