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Game Theory is a scientific modelling of interactions between parties, each of which are pursuing their own interests. The parties choose their actions, mindful of what the other may think and do which helps shape interactions and influence behaviour of other parties, predicting most likely outcomes.
25 sty 1997 · Game theory is the study of the ways in which strategic interactions among rational players produce outcomes with respect to the preferences (or utilities) of those players, none of which might have been intended by any of them.
25 sty 1997 · Game theory is the study of the ways in which interacting choices of economic agents produce outcomes with respect to the preferences (or utilities) of those agents, where the outcomes in question might have been intended by none of the agents.
1 sty 2021 · This entry provides an overview of the aspects of game theory that are covered in this Encyclopedia, which includes a broad spectrum of topics on static and dynamic game theory.
Lecture Notes on Game Theory. (Revised: July 2018) These lecture notes extend some of the basic ideas in game theory that were covered in 15.010. We will begin by explaining what we mean by rational — or rationalizable — strategies.
24 paź 2024 · game theory, branch of applied mathematics that provides tools for analyzing situations in which parties, called players, make decisions that are interdependent. This interdependence causes each player to consider the other player’s possible decisions, or strategies, in formulating strategy.
22 wrz 2023 · Game theory is a theoretical framework that is used for the optimal decision-making of players in a strategic setting. A key characteristic of game theory is that a player’s payoff is dependent on the strategy of other players.