LER 550

Credit: 4 hours.

Teaches the fundamentals of strategic thinking from an applied game theoretic perspective, and the interrelationship between game theory, strategy, and human resource management. Students first learn the art and science of strategy, including differences between sequential and simultaneous strategies; identification of prisoner's dilemmas; coordination games; strategic moves; and information asymmetries. Students then learn how to connect these strategic tools to HR issues like talent management, workplace incentives, employee empowerment, and bargaining.

4 graduate hours. No professional credit. Prerequisite: Restricted to students in the MHRIR program.