I have already put up four courses under the series ‘Operations Research’ and have received good response from students all over the globe. Encouraged by the response so received, I thought of making this new course on Game Theory, a celebrated topic in Operations Research. It’s primarily a situation of two competitive players playing a ‘Game’ with each other when the payoffs are known to either parties fully. Both the players are assumed to be rational; that means they will not do anything that will hurt themselves. The course will introduce the basic concepts in game theory. What is covered is the basic concepts such as games with saddle point and games without saddle point. Games of pure strategies Vs games of mixed strategies. Easy ways of solving two by two games have been covered. After this the 'Rule of Dominance' has been covered, with a view to reduce the size of the game where ever possible. Even the modified rule of dominance has been covered. The graphical solution to the game theory problem is possible if the game can be reduced to a two row or to a two column game. In this course problems of each type (one each) are covered. In some special types of problems the method of oddments is ideally suited to a three by three games, which otherwise cannot be reduced to a smaller size. In the course, two problems on the method of oddments have been covered. Lastly and most importantly the games using concepts of linear programming method is also covered.
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Having completed a Master's degree in Physics, and an MBA in Financial Management, I worked in the industry from 1977 to 2002. My work experience is mainly related to the financial appraisal of industrial projects. Simultaneously while working, I was teaching when time permitted to satisfy my passion for teaching. From 2003 onward till date, I have become a full-time teacher. I have taught students from several disciplines like Executive Programmes for Corporates, Chartered Accountants, Engineering Graduates, Management Accountants, MBAs, CPAs, Engineers, and Bachelor of Management Studies. After spending years in classroom teaching, I thought it was time to get acquainted with a larger platform like Udemy. I was surprised that no course was available on Udemy on the subject of ‘Operations Research’ (OR). I probably became the first faculty member all over the world to teach OR on Udemy. As I rewrite this in September 2022, after the pandemic, in my third year on Udemy, I have got more than 13400 registrations from 8600 students, from 133 countries for my seven courses. Six of the courses are on the subject of OR, and one is on the matter of investments for students in India. I hope you get a great learning experience by undertaking my courses. If you have any difficulty or face some imponderables, do write to me using the Udemy platform. I will reply to your query within 48 hours. Best wishes for your academic pursuits!
