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Strategy. Game theory is the study of mathematical models of strategic interactions. [1] It has applications in many fields of social science, and is used extensively in economics, logic, systems science and computer science. [2] Initially, game theory addressed two-person zero-sum games, in which a participant's gains or losses are exactly ...
Matthew Robert Patrick (born November 15, 1986), better known as MatPat, is an American semi-retired YouTuber and internet personality. He is the creator and former host of the YouTube series Game Theorists, and its spin-off series Film Theorists, Food Theorists, and Style Theorists, each analyzing various video games, films alongside TV series and web series, food, and fashion respectively.
John Forbes Nash Jr. John Forbes Nash, Jr. (June 13, 1928 – May 23, 2015), known and published as John Nash, was an American mathematician who made fundamental contributions to game theory, real algebraic geometry, differential geometry, and partial differential equations. [1] [2] Nash and fellow game theorists John Harsanyi and Reinhard ...
1629708. Theory of Games and Economic Behavior, published in 1944 [1] by Princeton University Press, is a book by mathematician John von Neumann and economist Oskar Morgenstern which is considered the groundbreaking text that created the interdisciplinary research field of game theory. [2] In the introduction of its 60th anniversary ...
Prisoner's dilemma. The prisoner's dilemma is a game theory thought experiment that involves two rational agents, each of whom can cooperate for mutual benefit or betray their partner ("defect") for individual reward. This dilemma was originally framed by Merrill Flood and Melvin Dresher in 1950 while they worked at the RAND Corporation. [1]
The Early Years. The first recognized example of a game machine was unveiled by Dr. Edward Uhler Condon at the New York World’s Fair in 1940. The game, based on the ancient mathematical game of ...
A. Derek Abbott – quantum game theory and Parrondo's games. Susanne Albers – algorithmic game theory and algorithm analysis. Kenneth Arrow – voting theory ( Nobel Memorial Prize in Economic Sciences in 1972) Robert Aumann – equilibrium theory ( Nobel Memorial Prize in Economic Sciences in 2005) Robert Axelrod – repeated Prisoner's ...
Two-level game theory is a political model, derived from game theory, that illustrates the domestic-international interactions between states. It was originally, introduced in 1988 by Robert D. Putnam, in his publication "Diplomacy and Domestic Politics: The Logic of Two-Level Games". [1]
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