Introduction to Game Theory
computer science crazy Super Moderator Posts: 3,048 Joined: Dec 2008 
23102009, 04:28 PM
Introduction to Game Theory.ppt (Size: 199.5 KB / Downloads: 57) Game theory is a distinct and interdisciplinary approach to the study of human behavior. Game theoretic concepts apply whenever the actions of several agents are interdependent. The concepts of game theory provide a language to formulate, structure, analyze and understand strategic scenarios. In this seminar and presentation, I will talk about general concepts related to game theory, how games can be represented and general strategies to solve games Use Search at http://topicideas.net/search.php wisely To Get Information About Project Topic and Seminar ideas with report/source code along pdf and ppt presenaion



seminar ideas Super Moderator Posts: 10,003 Joined: Apr 2012 
02052012, 03:28 PM
Game Theory
Game Theory.ppt (Size: 275.5 KB / Downloads: 98) The study of rational behavior among interdependent agents Agents have a common interest to make the pie as large as possible, but Agents have competing interests to maximize their own share of the pie. An agent’s rational decisions require anticipating rivals’ responses These expectations are not perfect, so uncertainty is a necessary feature of games Conclusion: Tchaikovsky confesses also Both get 8 years, even though if they cooperated, they could get off with one year each For both, confession is a dominant strategy: a strategy that yields a better outcome regardless of the opponent’s choice Equilibrium Nash Equilibrium: Neither player has an incentive to change strategy, given the other player’s choice Both confess is a Nash Equilibrium Both don’t confess is not a Nash Equilibrium, rival will always want to renege Dominant Firm Game Either firm can announce an output level (lead) or else wait to see what the rival does and then produce an amount that does not saturate the market. Bargaining Techniques Note the similarity between these techniques and the games Role of information Role of history Role of the other party’s objectives, actions Role of cooperative vs competitive bargaining environment 



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