UEB’s experts to lecture on Game Theory

On 23rd June 2018, Assoc.Prof.Dr. Nguyen Truc Le - Rector of the UEB had a lecture on game theory at the Conference Forecasting and Market Forecasting held by Vietnam Airlines.

The conference was attended by Mr. Duong Tri Thanh - General Director of Vietnam Airlines and nearly 200 managers and staff of the company. Giving lectures at the conference, there were also Dr. Hoang Khac Lich - Associate Dean of Faculty of Economic Development, UEB and MA. Nguyen Vo Hung - Institute for Policy Studies, Ministry of Science and Technology.

 
Assoc.Prof.Dr. Nguyen Truc Le presents at the conference
 

The lecture of Assoc.Prof.Dr. Nguyen Truc Le focused on the Game theory. This is the study of applying the rules of the games into corporate governance. This is the key issue for businesses as it helps forecast the business situation, predict the dynamics of competitors and the market, which, in turn, contribute to the making of policy and business strategy.

 
 

It is from the rules of games that players have to determine what kind of game they are playing, what benefits they have for themselves and whether to choose how to play or even set the rules to benefit themselves. The rules seem appear only in the game but in fact are extremely useful in business and corporate governance.

Dr. Hoang Khac Lich and the example of dividing the cake
 
 

After the lecture of UEB’s Rector, Dr. Hoang Khac Lich continued with many interesting examples to illustrate the division of benefits in business, mentioning the example of dividing the cake based on personal favor, which helps to identify business behavior and benefits in the market.

 
Mr. Duong Tri Thanh speaks at the end of the lecture
Ending the lecture, Mr. Duong Tri Thanh - General Director of Vietnam Airlines said, currently, forecasting is extremely hard. The lecture was made to help employees of Vietnam Airlines understand the market forecasting. He sent the warmest thanks to experts from VNU University of Economics and Business for delivering the lecture and said this was only the first in a series of short-term courses cooperated with the UEB in the coming time.
 
>>> Click here to see the news in Vietnamese.

Thanh Tu

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