On this website, we use our own and third-party cookies to improve your experience and our services. If you continue to browse, we consider that you accept its use. For further information, see our cookies' policy

Accept

Innovate, a matter of game theory

Relationship between the rational economic model and innovation in organizations

Innovate, a matter of game theory Category: Methods and Tools
Type: Workshops and Seminars
Duration: Between 5 and 8 hours
Format: Classroom formatBlended formate-learningRapid format
 
Print file in PDF

 

DESCRIPTION

Rational economic models and, more specifically, game theory can help in making organizational and departmental decisions. Some historical examples could be Boeing or Airbus, which have used this model to take some decisions. Consequently, this module includes an explanation of the game theory concept and its relationship with innovation in organizations.

 

LEARNING OBJECTIVES

  • Know the games theory’s rational economic model
  • Be able to understand the relationship between game theory and innovation
  • Be able to distinguish different situations in order to apply different game theories
  • Know how the innovation can be interesting or not to organizations depending on this model
  • Understand the innovation and encouragement of entrepreneurship in Europe relating it to the rational model 

 

IN THIS COURSE YOU LEARN TO

  • Understand the different game theories types
  • Observe innovation from a different perspective
  • Decide what to do in dilemmatic situations
  • Evaluate competitors through models/innovation
  • Go into detail about game theory examples