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BSE 3711 Complete set of notes
BSE 3711 - Strategic Thinking: Economic Applications
30 Pages • Complete Study Notes • Year: Pre-2021
Being a new module in NUS, notes are not readily available anywhere else. This module is tested heavily on examples and application. Hence, in this set of notes, I included succinct examples crucial for examined materials and summaries all key concepts taught in class (it helped me got A in BSE3711!!) In modern business environments, uncertainty and strategic interdependence among rivals surround competitive conducts and conflict interfaces with mutual dependence. Decision making in such situations requires one to take into account the moves and countermoves to be taken by others This module provides a non-cooperative game theoretic framework for analyzing and predicting behaviors and outcomes in such strategic interactions focusing on economic aspects of business conducts. Both fundamental theory and economic applications will be well balanced with managerial implications. Rounds of in-classroom experiments will be performed as well.
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