Mutual information, Game Theory

 

Something in a very game is Mutual information if all players realize it. A seemingly straightforward concept, mutual information is insufficient to research most games, since it's not clear from this assumption alone what folks assume others grasp. i would grasp that X is true, however my actions might rely on whether or not or not different players grasp that i do know X. a standard extra assumption is that the facts of the sport aren't solely mutual information however conjointly common information. this suggests that we have a tendency to all grasp X, and that we all grasp that everybody else is aware of X, and that we all grasp that everybody is aware of that everybody else is aware of X, and so on.

 

Posted Date: 7/21/2012 4:31:08 AM | Location : United States







Related Discussions:- Mutual information, Assignment Help, Ask Question on Mutual information, Get Answer, Expert's Help, Mutual information Discussions

Write discussion on Mutual information
Your posts are moderated
Related Questions
The title of a "player" who selects from among her methods randomly, primarily based on some predetermined chance distribution, instead of strategically, primarily based on payoffs

PROBABILITY AND EXPECTED UTILITY Most students know the elementary combinatorial rules for probability algebra and need only a refresher with some exam- ples. We have used card

The most basic version of a LIV allows the executive office holder (Governor or President) to accept part of a bill passed by the legislature (so that part becomes law) and to veto

Consider two identical firms, for each firm, the total cost of producing q units of output is C(q)=0.5q^2. The price is determined as P(q1,q2)- a-q1-q2. Estimate Cournots outcome;

Scenario Two corporations should simultaneously elect a technology to use for his or her compatible merchandise. If the corporations adopt totally different standards, few sales

Exercise 1 a) Pure strategy nash equilibrium in this case is Not Buy, bad ( 0,0) as no one wants to deviate from this strategy. b) The player chooses buy in the first perio

Game Theory has evolved since its start as a thought exercise for academic mathematicians. Taught in economics departments , top business schools, and the strategic analysis, even

A type of trigger strategy sometimes applied to the repeated Prisoner's Dilemma during which a player responds in one amount with identical action her opponent utilized in the last

A heuristic is an aid to learning, casually brought up as a rule of thumb. Formally, a heuristic may be a mechanism capable of altering its internal model of the surroundings in re

GAME 5 All-Pay Acution of $10 Everyone plays. Show the students a $10 bill, and announce that it is the prize; the known value of the prize guarantees that there is no winer’s