Game Theory Developed to explain the optimal strategy in two-person interactions. Initially, von Neumann and Morganstern ± Zero-sum games John Nash ± Nonzero-sum games…
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Slide 1Principles of Game Theory Lecture 3: Simultaneous Move Games Slide 2 Administrative Problem sets due by 5pm Piazza or ~gasper/GT? Quiz 1 is Sunday Beginning or end…
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Game Theory II Definition of Nash Equilibrium A game has n players. Each player i has a strategy set Si This is his possible actions Each player has a payoff function pI:…