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Game Theory (Applicants (Military strategy, Environmental Issues,…
Game Theory
Applicants
Military strategy
Environmental Issues
Psychology
International Relations
Economics
Evolutionary Biology
Artificial Intelligence
Game types
Symmetric and Asymmetric
Zero-sum and non-zero sum
Cooperative and non-cooperative
Simultaneous and sequential
Introduction
Study of human behavior
Strategic decision making
Study of mathematical models of conflict
Study of cooperation between intelligent rational decision makers
Types of Games
Single-move games
Repeated games
Sequential games
Nash Equilibrium
A beautiful mind
1994 Nobel prize
As essential element o game modeling
Goals
Participant Design
Optimize the decision or a participant to obtain maximum utility
Mechanism Design
Inverse game theory
Focus on designing a game for group of intelligent participant
Auction is a classic example