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Game Theory (Applications (Mathematics, Computer Science, Biology,…
Game Theory
Applications
Mathematics
Computer Science
Biology
Economics
Political Science
International Relations
Philosophy
Psychology
Law
Military Strategy
Management
Sports
Game Playi
Key elements
Players
Strategies
Payoffs
Information
Rationality
Type
Co operative or non-cooperative
zero sum and non-zero sum
simultaneous and sequential
Perfect information and imperfect information
Finite and infinite strategies
history
1944: Theory of Games and Economic Behavior by Von Neumann and Morgenstern
1950: Nash invents concept of Nash equilibrium
1994:Harsanyi,Nash and selten win Nobel prize in economics for game theory
1928: Von Neumann wroate a key paper
.
Pure Strategy
The upper value
the lower value
Mixed Strategies
Nash Equilibrium