Player , Game Theory

 

Any participant in a very game who

(i)  contains a nontrivial set of methods (more than one) and

(ii) Selects among the methods primarily based on payoffs. If a player is non-strategic, choosing methods randomly, the player is termed a nature player.

 

Posted Date: 7/21/2012 4:43:20 AM | Location : United States







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

Write discussion on Player
Your posts are moderated
Related Questions
Consider the electoral competition game presented in Lecture 6. In this game there are two candidates who simultaneously choose policies from the real line. There is a distribution

A priori knowledge usually enables us to decide that some coefficients must be zero in the particular equation, while they assume non-zero values in other equations of the system.

A mixed strategy during which the player assigns strictly positive chance to each pure strategy.Morgenstern, Oskar,Coauthor of Theory of Games and Economic Behavior with John von N

An auction during which bidders simultaneously submit bids to the auctioneer while not information of the number bid by different participants. Usually, the very best bidder (or lo

An equilibrium, (or Nash equilibrium, named when John Nash) may be a set of methods, one for every player, such that no player has incentive to unilaterally amendment her action. P

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

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

An outcome of a game is Pareto dominated if another outcome would build a minimum of one player at an advantage while not hurting the other player. That is, another outcome is weak

Ordinal payoffs are numbers representing the outcomes of a game where the worth of the numbers isn't vital, however solely the ordering of numbers. for instance, when solving for a

A game frequently displayed in tv police dramas. 2 partners in crime are separated into separate rooms at the police station and given an identical deal. If one implicates the oppo