Game theory, Advanced Statistics

This is the branch of mathematics which deals with the theory of contests between two or more players under the specified sets of rules. The subject supposes a statistical aspect when part of the game proceeds under the chance scheme. Game theory has a lengthy history of being applied to the security, beginning with the military applications, and has also been used in the background of arms control.

Posted Date: 7/28/2012 3:47:04 AM | Location : United States

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