About this Event
Group Discounts:
Save 10% when registering 3 or more participants
Save 15% when registering 10 or more participants
About This Course
Duration: 1 Full Day (8 Hours)
Delivery Mode: Classroom (In-Person)
Language: English
Credits: 8 PDUs / Training Hours
Certification: Course Completion Certificate
Refreshments: Lunch, snacks, and beverages will be provided during the session
Course Overview
This course introduces game theory concepts in a practical and business-focused manner.
It explains how strategic thinking helps anticipate competitor behavior and choose optimal actions in competitive markets.
Key models such as cooperation, competition, pricing strategies, and negotiation scenarios are discussed using real business examples.
The session emphasizes decision logic, not mathematics, making game theory accessible and applicable to everyday business decisions.
Learning Objectives
• Understand core principles of game theory in business
• Apply strategic thinking to competitive market decisions
• Anticipate competitor behavior and market responses
• Improve pricing, negotiation, and positioning strategies
• Identify stable and optimal decision outcomes
• Avoid common strategic decision-making errors
• Link game theory concepts to everyday business challenges
Target Audience
• Business owners and entrepreneurs
• Strategy and planning professionals
• Sales and marketing managers
• Product and pricing managers
• Consultants and advisors
• Managers involved in competitive decision-making
Why Choose This Course?
This course translates complex game theory concepts into simple, business-friendly insights.
The trainer brings strong experience in strategy, market analysis, and competitive decision-making.
No mathematical background is required, making the content easy to understand and apply.
The focus is on practical business use, ensuring immediate value after the session.
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Know a team or professional who could benefit from our workshops? Refer them and earn attractive royalties for every successful registration.
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Want to train your entire team?
This course can be delivered as a fully customized in-house session based on your industry and competitive environment.
Real market scenarios relevant to your organization can be integrated into discussions and activities.
The content, pace, and examples can be adapted to suit leadership teams, sales teams, or strategy units.
📧 Contact us today to schedule a customized in-house session:
Agenda
Module 1: Introduction to Strategic Thinking
Info: • Understand what game theory is and why it matters in business
• Identify players, strategies, and outcomes in competitive situations
• Recognize strategic interdependence in markets
• Icebreaker
Module 2: Types of Games in Business Context
Info: • Differentiate between cooperative and non-cooperative games
• Understand zero-sum and non-zero-sum situations
• Apply game types to real market scenarios
• Case Study
Module 3: Payoffs, Strategies, and Decision Outcomes
Info: • Understand payoff structures and incentives
• Analyze dominant and dominated strategies
• Evaluate outcomes based on rational decision-making
• Simulation
Module 4: Nash Equilibrium and Competitive Stability
Info: • Understand the concept of equilibrium in competitive markets
• Analyze stable outcomes where no player gains by changing strategy
• Apply equilibrium thinking to pricing and competition
• Activity
Module 5: Game Theory in Pricing and Market Competition
Info: • Analyze price wars and competitive pricing strategies
• Understand first-mover and second-mover advantages
• Apply strategic thinking to market entry decisions
• Case Study
Module 6: Negotiation and Strategic Interaction
Info: • Apply game theory to negotiation scenarios
• Understand cooperation, trust, and repeated interactions
• Improve negotiation outcomes using strategic planning
• Role Play
Module 7: Limitations, Ethics, and Practical Application
Info: • Understand limitations of game theory models
• Recognize ethical considerations in competitive strategy
• Apply best practices for real-world decision-making
• Activity
Event Venue & Nearby Stays
123 S Broad St, 123 S Broad Street 15th Floor Philadelphia Pennsylvania 19109, Philadelphia, United States
USD 542.07 to USD 705.91
