Simultaneous game, Game Theory

 

A simultaneous game is one during which all players build choices (or choose a strategy) while not information of the methods that are being chosen by different players. Although the choices could also be created at totally different points in time, the sport is simultaneous as a result of every player has no data concerning the choices of others; therefore, it's as if the choices are created simultaneously. Simultaneous games are represented by the conventional kind and solved using the concept of Nash equilibrium.

 

Posted Date: 7/21/2012 5:07:35 AM | Location : United States







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

Write discussion on Simultaneous game
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

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

Rollback (often referred to as backward induction) is an iterative method for solving finite in depth kind or sequential games. First, one determines the optimal strategy of the pl

Find the pure-strategy Nash equilibrium Alice is on vacation in Wonderland and considers trying a special mushroom sold by the caterpillar. She cannot tell upfront if the mush

An auction during which the bidder who submitted the very best bid is awarded the item being sold and pays a worth equal to the number bid. Alternately, in a very procurement aucti

Living from 1845 to 1926, Edgeworth's contributions to Economics still influence trendy game theorists. His Mathematical Psychics printed in 1881, demonstrated the notion of compet

Consider a game in which player 1 chooses rows, player 2 chooses columns and player 3 chooses matrices. Only Player 3''s payoffs are given below. Show that D is not a best response

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

In econometric theory two possibie situations of identifiability can arise: Equation under,consideration is identified or not identified: 1) Equation is under-identified-