Indeed, one seminal fisheries scholar has been so bold as to claim that "[e]conomists cannot analyze the economics of the management of such fisheries, with the hope of providing useful insights to policy makers, other than through the lens of game theory."Richard A Grisel...
Chapter 7: Game Theory I7.1 Why Game Theory?Payoff interdependency: the optimal choice by an agent depends on the actions of othersIn contrast withdecision-theoretic situation: no recognized payoff interdependencyE.g. in decision-theoretic: gas & electricity pricing; Windows’ operating system; wheat...
If economic is a game, then these big countries are the players, but they cheat in this game, they change rules any time, rules for bank system, stock market, tax, something like that. We peple are all npcs, we have no freedom, all we can do is to earn money, change...
Game theory, economics, and health policy Game theoryhas become part of health economics and management, in part as a replacement for market approaches tohealth care, which are not helpful in systems ofuniversal health careand regulation and limitation of supply of services affecting the “free ma...
For each round, the gaming system also removes each randomly selected award from the pool, such that, regardless of whether or not the randomly selected award is also accumulated for the player, the gaming system classifies each randomly selected award as unavailable to be selected for another ...
(the system), indirectly controlling the units under his command. Strategy video games generally take one of four forms, depending on whether the game is turn-based or real-time and whether the game’s focus is on strategy or military tactics. Real-time strategy games are often a multiple-...
However, the results of numerous controlled economics experiments have led researchers to claim that game theory does not accurately describe observed behavior. For example, many researchers have found positive contributions in public good experiments. Gerald Marwell and Ruth E. Ames (1985) discovered ...
I also wanted to make things better for people, and since I was an early adopter of Windows NT, I wanted the platform I depended on to be secure. In my personal system of economics, I place a lot of value on the effect someone's actions have on the rest of the world. It's bee...
In the case of multiple Nash equilibriums, an efficient and desirable solution of the game should be selected. A peer-to-peer energy sharing among energy buildings equipped with renewable generation, energy storage system, controllable HVAC load, and uncontrollable loads is modeled as a non-...
- 《Journal of Asian Economics》 被引量: 6发表: 2006年 The Japanese management system: An X-efficiency-game theory analysis Changing deposit insurance from full to limited in 2005 is expected to discipline Japanese banks' behaviour because depositors will start monitoring their ... H Leibenstein...