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
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

Identification may be established either by the examination of the specification of the structural model, or by the examination of the reduced form of the model. Traditionally

A strategy consisting of potential moves and a chance distribution (collection of weights) that corresponds to how frequently every move is to be played. A player would solely use

The Cournot adjustment model, initial proposed by Augustin Cournot within the context of a duopoly, has players choose methods sequentially. In every amount, a firm selects the act

A subset or piece of a sequential game starting at some node such {that each that each} player is aware of each action of the players that moved before him at every purpose. Sub ga

Description The simplest of William Poundstone's social dilemmas during which the every player contains a dominant strategy and also the equilibrium is Pareto optimal. the sole

A sealed-bid second worth auction during which participants every simultaneously submit bids. The auctioneer discloses the identity of the very best bidder who is said the winner.

a) This you just have to list all the attributes for the program. i.e. unique id's for puzzle pieces, attributes for the puzzle like a data field for the number of edges, methods t

What are the important forms of product differentiation? There are three significant forms of product differentiation, which are: 1. Differentiation through style or type –

Perfect Nash equilibrium Two students prepare their homework assignment together for a course. They both enjoy getting high grade for their assignment, but they dislike workin