Papers on "The Game Theory" and similar term paper topics

Paper #075023 :: The Game Theory
Buy and instantly download this paper now

A comprehensive look at game theory, a separate and interdisciplinary approach to the study of human behavior.

Written in 2006; 1,915 words; 7 sources; MLA; $ 61.95

Paper Summary:

This paper takes a look at the game theory, founded by mathematician John von Neumann, and the mathematics, social and behavioral sciences that are involved. This paper also reviews the definition of a game and the fundamental decision theory, a crucial factor pertaining to the game theory.

From the Paper:

"A game refers to a strategic situation that involves at least two rational and intelligent individuals called players. The fundamental result of decision theory, which forms the foundation of game theory as well, is that each player's goal is to maximize the expected value of his or her own payoff. These payoffs are measured on some utility scale, which is merely a numeric depiction of each outcome that can be gained through the player's actions. Individuals have preferences that give them the opportunity to rank the outcomes with respect to one other. For each pair of outcomes, a player can say whether he or she likes one better than the other or whether he or she is indifferent about the two.
The logical roots for game theory are in Bayesian decision theory. In fact, game theory can be seen as an extension of the decision theory (Myerson, 1991, p.5). In general, a decision theory is an interdisciplinary area of study for practitioners in mathematics, statistics, economics, philosophy, management and psychology. "

Tags: players strategies payoffs matrix rounds points competition nash

More papers on "The Game Theory"

1. Paper #101868 :: Industrial Relations and Game Theory ( 1,770 words; 12 sources; APA )
2. Paper #089602 :: Game Theory-The New Marxism ( 2,700 words; 7 sources; )
3. Paper #089467 :: The Game Theory Economic Model ( 1,350 words; 4 sources; )
4. Paper #026879 :: Game Theory and Foreign Policy ( 2,869 words; 7 sources; APA )
5. Paper #004797 :: Game Theory Applied to Corporate Finance ( 1,955 words; 7 sources; MLA )

About AcaDemon

We have thousands of high-quality term papers, research papers, essays, book reports and dissertations on every topic. At AcaDemon, you can download those term papers to help you write yours! You can be sure that the term paper, essay, book report or research paper, you download are top-quality, competitively priced and high-level work.

Look for more research papers, essays and book reports on The Game Theory

This Free Term Paper Abstract is a part of our Term Paper Library. Here you can purchase research papers, examples of essays, academic dissertations, articles, notes, analytical papers, book reports, stories and poems. We have thousands of persuasive, point-of-view, narrative, critical, compare and contrast and other types of essays in our Library. You can also find here Term papers on "The Game Theory", Essays on "The Game Theory", Research papers on "The Game Theory", Student papers on "The Game Theory", Book reports on "The Game Theory", Dissertation on "The Game Theory", Thesis on "The Game Theory", Summary of paper on "The Game Theory", Articles written on "The Game Theory".