504-What Every Engineer Should Know about Game Theory

By: Rik van Hemmen, P.E.

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Course Objective

This continuing education course is written specifically for professional engineers with the objective of relating to and enhancing the practice of engineering.

Course Description

504-What Every Engineer Should Know about Game Theory

Whether engaged in design, construction, maintenance or operations activities, engineers are continually engaged in negotiation and decision making. However, very little formal negotiation and decision making training exists for engineers, despite the fact that in recent decades there have been significant developments in the game theory field. These developments in game theory have resulted in a standardized terminology and provide theoretical and mathematical concepts that, when adopted in the engineering community, could provide significant advantages to the initiated professional. This course provides introductions to game theory concepts that have immediate application to typical activities that engineers are engaged in on a day-to-day basis.

Application of these concepts can result in better and more rapid decision making and assists in the disentanglement of technical and operational problems when they occur. Understanding of these concepts can be as vital as oral and written communication skills for engineers to successfully achieve their technical objectives for the client’s and the public’s best interests.

This course presents these concepts at an introductory level and provides several real world examples. Since the instructors are maritime engineers, many of the examples are maritime, but the lessons apply equally to any engineering specialty. The course also provides a substantial amount of references and a bibliography for further study.

Questions about this course? Email the Author: rhemmen@martinottaway.com

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(5) 4 Reviews

Review of: What Every Engineer Should Know about Game Theory

David Stolpa

02/14/2024

Verified Buyer

Excellent introductory course that required some thinking and not repeating canned answers.

1 of 1 customers found this helpful.

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Review of: What Every Engineer Should Know about Game Theory

Sally Bittick

02/03/2024

Verified Buyer

Great information. Thanks!

2 of 2 customers found this helpful.

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Review of: What Every Engineer Should Know about Game Theory

Phillip Gorman

11/27/2023

Verified Buyer

Very interesting material.

3 of 3 customers found this helpful.

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Review of: What Every Engineer Should Know about Game Theory

William Martin

09/26/2023

Verified Buyer

I found this course challenging, informative and worthy of application. It was absolutely worth the time I invested in it.

3 of 3 customers found this helpful.

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Course Code: 100303-01

Course PDH Hours: 4

Engineering Course Approvals

This course is accepted for engineering continuing education credit in all US states, territories, the District of Columbia, and Canadian provinces.
Ohio rules allow only 6-hours of unsupervised online courses such as this course per license renewal period
Kansas rules allow only 5-hours of self-study courses such as this course per license renewal period

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