This intensive one-day workshop is designed to introduce participants to the core concepts of game theory—a compelling and effective tool for understanding how individuals, companies, and even nations make strategic decisions across diverse scenarios. Game theory focuses on players, strategies, and payoffs in situations where interests may conflict or compete. It operates on the assumption that individuals act rationally, aiming to maximize their gains while minimizing losses, thus shaping our understanding of decision-making processes.

Far from being limited to the academic domains of economists or mathematicians, game theory is something we encounter daily, often without realizing it. From choosing the best route to work to negotiating with colleagues, game theory influences many of our decisions. This training will offer a fundamental yet thorough exploration of both static and dynamic games, helping participants apply game theory more consciously in real-world situations, particularly in executive decision-making.

The practical applications of game theory are vast, spanning various fields. In business, it is utilized to analyze market dynamics, anticipate customer behavior, and develop effective marketing and pricing strategies. In personal relationships, it aids in improving communication, fostering trust, and resolving disputes. Additionally, it plays a role in politics, where it helps to understand the interactions and decision-making processes of different parties.