NOUN
- (economics) a theory of competition stated in terms of gains and losses among opposing players
How To Use game theory In A Sentence
- The theory and practice of international agreements, viewed in a game theory context; 2.
- In your divvy up $1000 game theory scenario, the extra factor is the (ahem) principle of the thing: you describe B as motivated by irrational factors, which is essentially the same thing. Matthew Yglesias » Defections from the Left
- He was always full of mathematical ideas, not only on game theory, but in geometry and topology as well.
- The first part of the research uses game theory to analyse wage bargaining and employment decisions in models with explicit institutional setups.
- The nucleolus is plausible because people actually come to it, and to the Shapley value, without any knowledge of game theory: TVA asked how to allocate the benefits of its dam and came up with the Shapley value, a generalized version of the Aristotelean proportionality rule that is sensitive to concerns about team play. Archive 2009-05-01
- Game TheoryFor their pioneering analysis of equilibria in the theory of non-cooperative games The Prize in Economic Sciences In Memory of Alfred Nobel
- Giocoli claims that Nash's interpretation of game theory was beset by other difficulties retarding its acceptance by mainstream economics.
- The concept of a Nash equilibrium n-tuple is perhaps the most important idea in noncooperative game theory.
- Are they rational decision-makers of the kind proposed in microeconomics and Game Theory?
- Conventional game theory shows clearly why East and West compete to out-gun each other.