Game Theory and Design Thinking

Synopsis

FIN207 Game Theory and Design Thinking gives an introduction to the fundamental principles and key issues in game theory and how design thinking can be couched in terms of reverse game theory. Students will learn various classic games and understand how to analyse and design games with desirable outcomes. Topics covered include normal/extensive forms, strategies/payoffs, solutions/equilibria, the Prisoner’s Dilemma and the basics of mechanism design. The course aims to equip students with the concepts and intuition to appreciate, understand and reason about the agent-based interactions behind blockchain implementations.

Level: 2
Credit Units: 5
Presentation Pattern: EVERY JULY

Topics

Games of strategy
Classification of games
Games as models of multi-agent systems
Normal and extensive forms
Strategies and payoffs
Solutions and equilibria
Prisoners’ Dilemma
Mechanism design
Information revelation
Moral hazard
Applications in AI
Applications in blockchain

Learning Outcome

Outline key notions of game theory
Demonstrate understanding of reverse game theory
Interpret games as models of multi-agent systems
Analyse solutions in game theory
Use computing technology to implement game theory models
Present applications of game theory to AI and blockchain

Full-time Programmes Part-time Programmes / CET Courses

Singapore University of Social Sciences

Game Theory and Design Thinking