Extensive kind, Game Theory


The in depth kind (also referred to as a game tree) may be a graphical illustration of a sequential game. It provides data concerning the players, payoffs, strategies, and also the order of moves. the sport tree consists of nodes (or vertices), that are points at that players will take actions, connected by edges, that represent the actions that will be taken at that node. An initial (or root) node represents the primary call to be created. each set of edges from the primary node through the tree eventually arrives at a terminal node, representing an finish to the sport. every terminal node is labeled with the payoffs earned by every player if the sport ends at that node.


Posted Date: 7/21/2012 3:56:03 AM | Location : United States

Related Discussions:- Extensive kind, Assignment Help, Ask Question on Extensive kind, Get Answer, Expert's Help, Extensive kind Discussions

Write discussion on Extensive kind
Your posts are moderated
Related Questions

The best reply dynamic is usally termed the Cournot adjustment model or Cournot learning after Augustin Cournot who first proposed it in the context of a duopoly model. Each of two

Identification is a problem of model formultion, rather than inf nlnde! estimation or appraisal. We say a model is identified if it is in a unique statistical form, enabling unique

Write a bouncing ball video game. The game is similar to the one described and depicted in The balls bounce within the screen where the two horizontal walls are fixed. The two v

What do meant by Monopolistic competition? Monopolistic competition is a market structure wherein: 1. There are several competing producers into an industry, 2. Every pro

An equilibrium refinement provides how of choosing one or many equilibria from among several in a very game. several games might contain many Nash equilibria, and therefore supply

A strategy sometimes applied to repeated prisoner's dilemmas during which a player begins by cooperating however defects to cheating for a predefined amount of your time as a respo

Normal 0 false false false EN-US X-NONE X-NONE

Scenario As described by William Poundstone, imagine that you just notice that electricity has gone out for your entire neighborhood. the electrical company can send somebody to

You and an opponent are seated at a table, and on the table is a square board. At each of the four corners of the board, there is a disc, each one red on one side and black on the