Game Theory Articles2018-09-18T14:17:13+00:00

Game Theory Articles

Generalizing Game Theory

May 22nd, 2017|

Game theoretic concepts apply whenever the actions of several agents are interdependent. These agents may be individuals, groups, firms, or any combination of these. The concepts of game theory provide a language to formulate, structure and analyz

Network Game Theory

May 14th, 2017|

Network Game Theory Network game theory is the combination of network analysis and game theory to the study of situations of interdependence between adaptive agents. Network game theory builds upon and expands classical game theory by [...]

Replicator Dynamics

May 14th, 2017|

Replicator Dynamics The replicator equation is the first and most important game dynamic studied in connection with evolutionary game theory. The replicator equation and other deterministic game dynamics have become essential tools over the past 40 [...]

Evolutionary Game Theory

May 14th, 2017|

Evolutionary Game Theory Evolutionary Game Theory is the application of game theory concepts to situations in which a population of agents with diverse strategies interact over time to create a stable solution, through an evolutionary process [...]

Cooperative Structures

May 13th, 2017|

Cooperative Structures Cooperative structures are the various forms of institutional structures that enable people to act cooperatively, examples being third party organizations like governments, social networks of various form and recommendation systems. This article looks at various approaches [...]

Public Goods Games

May 13th, 2017|

Public Goods Games Public goods games are social dynamics that involve three main components: they involve resources that are jointly provided; the resource is non-excludable in nature; it is also non-rivalrous.1 Economic theory describes the problem of public-good [...]

Social Dilemma

May 13th, 2017|

Social Dilemma The social dilemma captures the core dynamic within groups requiring collective action, where there is a conflict between an individual’s immediate personal or selfish interests and the actions that maximize the interests of the [...]

Cooperative Games

May 13th, 2017|

Cooperative Games In game theory, a cooperative game is any situation of interdependence between agents wherein there is the possibility for cooperative structures to be formed, either through peer communications, a third party or some other social [...]

Pareto Optimal Games

May 13th, 2017|

Pareto Optimality In economics Pareto optimality, also called "Pareto efficiency" is a state where the resources in a system are distributed in the most efficient manner, and it is realized when there is some allocation process where [...]

Solution Concept

May 13th, 2017|

Solution Concept In game theory, a solution concept is a model or rule for predicting how a game will be played.1 These predictions are called "solutions", and describe which strategies will be adopted by players and, [...]

Non-Cooperative Games

May 13th, 2017|

In game theory, a primary distinction is made between those game structures that are cooperative and those that are non-cooperative. As we will see the fundamental dynamics surrounding the whole game are altered as we go from games whose structure is innately com

Elements of Games

May 13th, 2017|

Elements of Games A game in game theory is any situation involving the interdependence between adaptive agents as they make choices that affect each other and the overall outcome of the situation. Games can be identified as [...]

Games Models

May 12th, 2017|

Games Models This article covers the basic features to the model of games within game theory. We talk about the two basic forms of representation, that of the normal form in a matrix model and that of [...]

Game Theory Overview

March 14th, 2017|

Game theory is the domain of applied mathematics that studies situations of interdependence between adaptive agents. A game is a system wherein adaptive agents are interdependent in effecting each other and the overall outcome.

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