Enhancing Dental Procurement: Optimising Resources through Game Theory
September 5, 2023 | by dental.cpdpro.org.uk
About This Course
This game theory course covers basic concepts and principles, relevance to everyday life and business decision making, and application in the health sector, with a focus on dental procurement and analyzing strategic interactions in dental procurement scenarios.
Why Take This Course?
Effective procurement is vital in dental healthcare, as it can impact patient outcomes and the sustainability of the healthcare system. However, dental professionals often face challenges such as budget constraints and limited resources when it comes to procurement. This course addresses these challenges by providing an introduction to game theory and exploring its relevance to dental procurement. By analyzing strategic interactions and considering cooperative and non-cooperative games, dental professionals can make more informed procurement decisions that benefit both patients and the healthcare system as a whole.
This course on game theory is beneficial as it provides an introduction to the fundamental concepts of game theory and how it applies to everyday life and business decision making. Additionally, it specifically focuses on dental procurement and the importance of effective procurement in dental healthcare. By analyzing strategic interactions in dental procurement scenarios and discussing cooperative and non-cooperative games, participants will gain valuable insights into how game theory can be applied in this field. The course also covers classic games such as Prisoner’s Dilemma and the Battle of the Sexes, providing a comprehensive summary of game theory concepts and principles that can be applied in dental procurement and beyond.
How This Course Supports GDC Enhanced Dental CPD
“Dental professionals have a duty to keep their knowledge and skills up to date. A primary qualification is only the first step in their education and development which should last throughout their professional life” General Dental Council |
Learning Objectives | Anticipated Outcomes |
---|---|
1: By the end of this course, learners will be able to understand the basics and applications of machine learning and predictive analytics in dentistry. | 1: Upon completion of the course, participants are expected to develop an understanding of Game Theory and its applications in different situations, including their dental practice management. |
2: Upon completion, learners will have the capacity to comprehend and apply the core principles of machine learning including supervised, unsupervised, and reinforcement learning in a dental setting. | 2: As a result of this course, learners will likely apply strategic thinking and decision-making techniques in their practices, potentially improving overall operational efficiency and patient engagement. |
3: Participants will demonstrate their ability to use predictive analytics to predict future patient behavior, optimize resources, and aid in clinical decision-making. | 3: The course should lead to an increased capacity among dental professionals to utilize Game Theory principles in daily operations, improving resource allocation and strategic planning in their practices. |
4: By the final session, learners will have mastered the application of predictive analytics in dental practice management, like patient risk score prediction, personalized treatment plans, predicting no-show appointments, and managing resources effectively. | 4: In the wider context, the course aims to contribute to the advancement of the dental field by promoting the adoption of Game Theory strategies, potentially influencing patient retention and the achievement of healthcare objectives. |
5: At the course’s conclusion, attendees will have developed the competency to understand and address ethical considerations related to the use of machine learning and predictive analytics in dentistry, particularly around patient data privacy and consent. | 5: Following the course, the expectation is that attendees will integrate Game Theory principles into their practice management strategies, enhancing their ability to make strategic decisions that benefit both patient health outcomes and professional satisfaction. |
Regulatory Standards
GDC | CQC |
---|---|
✅ A – Effective Communication ✅ B – Effective Management ✅ C – Maintenance in Field of Practice ✅ D – Maintenance in Patient Confidence | ✅ Caring ✅ Effective ✅ Leadership ✅ Responsive ✅ Safe |
🕐 90 minutes of Enhanced Dental CPD
Course Description
The course covers an introduction to game theory, including basic concepts and principles, relevance to everyday life and business decision making, and application in the health sector. It then focuses on dental procurement, discussing the significance of effective procurement in dental healthcare, game theory considerations in procurement, and analyzing strategic interactions in dental procurement scenarios. The course also covers cooperative and non-cooperative games, including classic games such as Prisoner’s Dilemma and the Battle of the Sexes, and concludes with a summary of game theory concepts and principles, application in dental procurement, and future perspectives.
Course Outline
Section 1
Section 1 of the course provides an introduction to game theory and its basic concepts and principles. It explores the relevance and application of game theory in everyday life, particularly in business decision making and the health sector. The section includes thought experiments involving real-world scenarios.
Section 2
Section 2 of this course revolves around the application of Game Theory in dental procurement. It covers the basic concepts and principles of Game Theory, its relevance and application in everyday life, and its role in business decision-making and the health sector. The section also includes an introduction to procurement in dental practice, its significance, and the application of Game Theory in procurement. Furthermore, the section explores the importance of strategic interactions in dental procurement, including Nash equilibrium and dominant strategies. It also delves into cooperative and non-cooperative games, classic games such as Prisoner’s Dilemma and the Battle of the Sexes, and their relevance in dental procurement decisions. Finally, the section concludes with a summary of the course content, its key takeaways, and future perspectives on Game Theory and procurement decisions.
Section 3
This section of the course covers the basics of game theory and its application in various fields, including business decision making and healthcare. The focus is on dental procurement and the strategic interactions involved in it. The section discusses the importance of effective procurement, Nash equilibrium, dominant strategies, and the role of classic games such as the Prisoner’s Dilemma in dental procurement. The section concludes with a summary of key takeaways and future perspectives.
Section 4
Section 4 of this course covers cooperative and non-cooperative games in game theory, including strategic form games and the role of mixed strategy in dental procurement. Classic games such as Prisoner’s Dilemma and the Battle of the Sexes are also discussed, and a case study is presented to demonstrate the application of these concepts in dental procurement decisions. The section concludes with a summary of the course content and key takeaways.
Section 5
Section 5 of this course covers the summary and application of Game Theory concepts and principles, along with the review of the application of Game Theory in Dental Procurement. It also discusses the advantages and challenges of implementing Game Theory in Dental Procurement, future perspectives on Game Theory and procurement decisions, and concludes with a course summary and key takeaways.
Course Reviews
⭐⭐⭐⭐⭐
This course exceeded my expectations. I particularly enjoyed the practical examples of game theory in dental procurement scenarios, which made the concepts much clearer and applicable to my daily work as a dental professional.
✅ Met Course Objectives | ✅ Met Course Outcomes | ✅ Would Recommend | ✅ Had Positive Impact |
⭐⭐⭐⭐⭐
The course on game theory and dental procurement was a game-changer for me. I appreciated the in-depth analysis of strategic interactions and how they impact procurement decisions. The course has given me a fresh perspective on how to approach procurement in my practice.
✅ Met Course Objectives | ✅ Met Course Outcomes | ✅ Would Recommend | ✅ Had Positive Impact |
⭐⭐⭐⭐⭐
As a dental professional, I highly recommend this course on game theory and procurement. The introduction to game theory was concise yet comprehensive, and the focus on dental procurement was highly informative. The course opened my eyes to new ways of thinking about procurement that will undoubtedly benefit my practice.
✅ Met Course Objectives | ✅ Met Course Outcomes | ✅ Would Recommend | ✅ Had Positive Impact |
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