lectures note on game theory - john duffy

... sender's decision. One-Shot versus Repeated Games • One-shot: play of the game occurs once. – Players likely to not know much about one another. – Example - tipping on your vacation • Repeated: ... Screen View Prisoners' Dilemma is an example of a Non-Zero Sum Game • A zero-sum game is one in which the players' interests are in direct conflict, e.g. in football, o...

Ngày tải lên: 08/04/2014, 12:16

... IE675 Game Theory Lecture Note Set 2 Wayne F. Bialas 1 Wednesday, January 19, 2005 2 TWO-PERSON GAMES 2.1 Two-Person Zero-Sum Games 2.1.1 Basic ideas Definition 2.1. A game (in extensive ... get a two-person zero-sum game, A. Note 2.7. These are non-cooperative games with no side payments. Definition 2.2. The (pure) strategy (i ∗ , j ∗ ) is a Nash equilibrium solution to the game (...

Ngày tải lên: 12/12/2013, 21:16

... get a contraction of an additive (or completely additive) function de-11 fined on a system by considering only its values on an function defined on a system by considering only its values on an ... there- fore H n , contains at least one point. But the intersection of a decreasing sequence of non-empty closed sets ( H n ) is non-empty, and therefore the H n and hence the I n have a comm...

Ngày tải lên: 23/03/2014, 13:20

... sequences. The so-called Fibonacci numbers appeared in the solution of a problem by Fibonacci (also known as Leonardo Pisano), in his book Liber Abaci (1202), concerning reproduction patterns of rab- bits. ... developments. 2 1. The Fibonacci Numbers and the Arctic Ocean The subject is very rich and I shall consider here only certain aspects of it. If, after all, your only interest is restric...

Ngày tải lên: 31/03/2014, 16:22

... the evolu- tion of gene frequencies that allows for the effects of mutation, random drift, selection, recombination, population subdivision and so on, one can ask ques- tions like ‘How long does ... trees condi- tional on observed data. The motivating example concerns inference about the time to the most recent common ancestor of a sample. Section 8 develops some theoretical and computation...

Ngày tải lên: 31/03/2014, 16:24

... their millions through manipulation and control of the compensation process. Prisoners’ dilemma, however, provides a more benign explanation of why rational companies need to pay astronomical ... hour on- line is zero. Consequently, all users will download low priority materials, clogging up the Internet. All users on a common network might be better off if everyone limited their on-...

Ngày tải lên: 03/10/2012, 15:19

... CHAPTER 11 Game Theory Introduction Probability is used in what is called game theory. Game theory was developed by John von Neumann and is a mathematical analysis of games. In many cases, game theory ... QUIZ 1. The person who developed the concepts of game theory was a. Garry Kasparov b. Leonhard Euler c. John Von Neumann d. Blase ´ Pascal CHAPTER 11 Game Theory 2...

Ngày tải lên: 24/10/2013, 07:20

... information is a function that assigns an action in A(h) to each nonterminal history for which P(h) = i. Note that the notion of a strategy of a player in a game depends only on the game form ... infinitely repeated games: one in which the constituent game is the Prisoner's Dilemma, which we denote G 1 (see Figure 134.1), and the other in which the constituent game is the...

Ngày tải lên: 06/11/2013, 12:15

... be 85 Game Theory honoured in a rational world even if all daughters were stonyhearted egoists. Role of the emotions Emotions were once dismissed as irrational urges left over from our evolutionary ... repeated game. 86 Reciprocity Experiments on the Ultimatum Game currently provide a focus for this kind of confusion. Why don’t experimental subjects accept anything they are offered...

Ngày tải lên: 10/01/2014, 18:23