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GAME THEORY AND INTERACTIVE DECISIONS

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GAME THEORY AND INTERACTIVE DECISIONS. Introduction. Interactive and Non- Interactive Decisions ... Non Zero and Zero Sum Games. Summary. Fundamentals ... – PowerPoint PPT presentation

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Title: GAME THEORY AND INTERACTIVE DECISIONS


1
GAME THEORY AND INTERACTIVE DECISIONS
2
Introduction
  • Interactive and Non- Interactive Decisions
  • Fundamentals of Game Theory
  • Types of Games
  • Game Solution and Equilibrium
  • Non Zero and Zero Sum Games
  • Summary

3
Fundamentals
  • Decision Theory Non Interactive and Interactive
    Decisions
  • History of Game Theory
  • Game Notations in 2 Person Games.
  • Strategies
  • Payoffs
  • Types of Games Non Zero and Zero Sum Games

4
Games Solutions Concepts
  • Inferior and dominant strategies, inadmissibility
  • Dominant Equilibrium
  • Non zero Sum Games Competition and Cooperation
  • Nash Equilibrium
  • The Prisoners Dilemma

5
Zero Sum Games
  • Solution with Pure Strategies The Saddle Point
    Solution
  • Solution with Mixed Strategies
  • Strategy graphs and Game Value
  • Summary of Game Theory
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