Game Theory: Pokemon - Why Pikachu is SHOCKINGLY Terrible.
About Game Theory. In mathematics, Game Theory models strategic situations, or games, in which an individual's success in making choices depends on the choices of others (Myerson, 1991). It is used in the social sciences (most notably in economics, management, operations research, Political science, and social psychology) as well as in other formal sciences (logic, computer science, and.
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Game theory is a kind of decision theory in which one's alternative action is determined after taking into consideration all possible alternatives available to an opponent playing the similar game, rather than just by the possibilities of various outcome results. Game theory does not insist on how a game must be played but tells the process and principles by which a particular action should be.
Game theory and its applications in the social and biological sciences. 2d ed. London: Routledge. This monograph presents the basic ideas of game theory from a psychological perspective, reviews experimental evidence up to the mid-1990s, and discusses applications of game theory to voting, evolution of cooperation, and moral philosophy. An.
Game theory is the mathematical analysis of decision making. In game theory, the interaction between two or more players is often framed in terms of a game with a particular set of rules. Of interest may be the strategies that give optimal outcomes for each of the players or, conversely, the resulting outcomes when certain strategies are played. Many phenomena in business, politics, and.