game theory zero-sum game- a game in which the total of all the gains and losses is zero scientific theory- a theory that explains scientific observations; "scientific theories must be falsifiable" economic science,economics,political economy- the branch of social science that deals with the prod...
Free Essays from Studymode | Game theory is defined as “the study of the ways in which strategic interactions among economic agents produce outcomeswith...
b.A calculated strategy or approach; a scheme:I saw through their game from the very beginning. 8.MathematicsA model of a competitive situation that identifies interested parties and stipulates rules governing all aspects of the competition, used in game theory to determine the optimal course of ...
Game Theory literally no more clean dishes left leaving them no choice but to wash a dish. In creating a game theoretical model to try and better understand the quandary in our kitchen‚ we will use repeated prisoners’ dilemma games‚ collective action analysis‚ and finally‚ a two ...
Dominance (game theory))Also found in: Wikipedia. dominant strategy[′däm·ə·nənt ′strad·ə·jē] (mathematics) Relative to a given pure strategy for one player of a game, a second pure strategy for that player that has at least as great a payoff as the given strategy ...
Furthermore, game theory is also widely applied to solving the free-rider problem. In ref. [26], the free-riding problem was first modeled as a public goods game. In ref. [27], the authors considered an evolutionary game model that allows SUs to choose between free-riding and normal ...
Game Theory and Institutional Economics byWolfram Elsner, et al.-MDPI AG,2014 This volume pursues the question of the emergence of institutions and hierarchy, analyzes algorithms of strategy change in evolutionary game models, and takes a historical point of view on the development of game theory ...
Does game theory work? Binmore, K. (2007) Does Game Theory Work? The Bargaining Challenge, MIT Press: Cambridge.Does Game Theory Work? The Bargaining Challenge - Binmore - 2007 () Citation Context ...mes quoted to the contrary, but when the full range... KG Binmore 被引量: 155发表: ...
Randomness, game theory and free will 来自 Semantic Scholar 喜欢 0 阅读量: 24 作者: J Moreh 摘要: Libertarians claim that human behaviour is undetermined and cannot be predicted from knowledge of past history even in principle since it is based on the random movements of quantum mechanics. ...
1 Playing the Game Game theory implications in business Abhik Ghosh 19th July’09 ©ABHIK GHOSH In an economically contracting market-place‚ interactions between various parties to a transaction are increasing every single day. With numerous covenants guarding every deal‚ there is more to the...