Become a Mathematical Modeling expert with this online course

Online course on Mathematical Modeling

Popularised by movies such as "A Beautiful Mind", game theory is the mathematical modeling of strategic interaction among rational (and irrational) agents. Over four weeks of lectures, this advanced course considers how to design interactions between agents in order to achieve good social outcomes. Three main topics are covered: social choice theory (i.e. collective decision making), mechanism design, and auctions.

In the first week the course consider the problem of aggregating different agents' preferences, discussing voting rules and the challenges faced in collective decision making. We present some of the most important theoretical results in the area: notably, Arrow's Theorem, which proves that there is no "perfect" voting system, and also the Gibbard-Satterthwaite and Muller-Satterthwaite Theorems. The course considers the problem of making collective decisions when agents are self interested and can strategically misreport their preferences. The course explains "mechanism design" a broad framework for designing interactions between self-interested agents and give some key theoretical results.

COURSE SYLLABUS

There will be four weeks of materials consisting of online videos and problem sets. the course recommends that the candidate should complete the problem set for each week within that week, although the hard deadline is two weeks from the release date. On the fifth week, the candidate will have a final exam.

Week 1. Social Choice

Week 2. Mechanism Design

Week 3. Efficient Mechanisms

Week 4. Auctions

Week 5-6. Final exam and final problem set.

In order to apply click here.

You can read more Education related news here.

For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

    India's LARGEST EVER political poll. Have you participated yet?
    JOIN US ON SOCIAL NETWORKS

    Thousands of Careerindia readers receive our evening newsletter.
    Have you subscribed?

    For great career opportunity, get instant updates on Education, Career & Job
    Careerindia

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Careerindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Careerindia website. However, you can change your cookie settings at any time. Learn more