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Game theory: meaning, importance, types, and examples
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Game Theory A Very Short Introduction Very Short …
WebDefinition of a "Game". Game theory is the study of "games." Games, in the mathematical sense, are defined as strategic situations in which there are multiple participants. … WebGame Theory (Revised: July 2024) 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. We will apply this concept to a discussion of the War of Attrition, which can turn out to be a rather complicated game. WebJan 30, 2012 · This Very Short Introduction introduces the fascinating world of game theory, showing how it can be understood without mathematical equations, and revealing that everything from how to play poker optimally to the sex ratio among bees can be understood by anyone willing to think seriously about the problem. chevy of westchester