Game-Theoretic Solution Concept with Spreadsheets

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In this Free Guided Project, you will:

Gain knowledge of computational mechanism of 3 Game Theoretic concepts

Learn how to use solution templates and interpret the results

Showcase this hands-on experience in an interview

2 hours
Intermediate
No download needed
Split-screen video
English
Desktop only

In this 2-hour long project-based course, you will learn how to use 2 Game-theoretic decision rules: Maximin strategy, Minimax strategy, and the solution concept, Nash Equilibrium. You will be familiarized with key terminologies in Game Theory and learn the underlying computation mechanism of each method to solve problems. Also, you will be solving higher order payoff matrices using custom spreadsheet based solution template (one for each method) and learn to interpret the results. Note: This course works best for learners who are based in the North America region. We’re currently working on providing the same experience in other regions.

Requirements

Introductory knowledge of Game Theory and familiarity with spreadsheets is preferable. Learners must have an existing Google Account

Skills you will develop

  • Game Theory

  • Spreadsheet

  • Solution Concept

Learn step-by-step

In a video that plays in a split-screen with your work area, your instructor will walk you through these steps:

  1. Introduction and Matrix Representation

  2. Maximin Strategy

  3. Maximin Strategy with Template

  4. Minimax-Maximin Strategy

  5. Minimax-Maximin Strategy with Template

  6. Nash Equilibrium

  7. Nash Equilibrium with Template - Prisoner's Dilemma

  8. Nash Equilibrium with Template - Hawk - Dove Game

How Guided Projects work

Your workspace is a cloud desktop right in your browser, no download required

In a split-screen video, your instructor guides you step-by-step

Frequently Asked Questions

Because your workspace contains a cloud desktop that is sized for a laptop or desktop computer, Guided Projects are not available on your mobile device.

Guided Project instructors are subject matter experts who have experience in the skill, tool or domain of their project and are passionate about sharing their knowledge to impact millions of learners around the world.

You can download and keep any of your created files from the Guided Project. To do so, you can use the “File Browser” feature while you are accessing your cloud desktop.

At the top of the page, you can press on the experience level for this Guided Project to view any knowledge prerequisites. For every level of Guided Project, your instructor will walk you through step-by-step.

Yes, everything you need to complete your Guided Project will be available in a cloud desktop that is available in your browser.

You'll learn by doing through completing tasks in a split-screen environment directly in your browser. On the left side of the screen, you'll complete the task in your workspace. On the right side of the screen, you'll watch an instructor walk you through the project, step-by-step.