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Game Theory

Description

Popularized by films resembling “A Stunning Thoughts,” recreation concept is the mathematical modeling of strategic interplay amongst rational (and irrational) brokers. Past what we name `video games’ in frequent language, resembling chess, poker, soccer, and many others., it consists of the modeling of battle amongst nations, political campaigns, competitors amongst corporations, and buying and selling conduct in markets such because the NYSE. How may you start to mannequin key phrase auctions, and peer to see file-sharing networks, with out accounting for the incentives of the individuals utilizing them? The course will present the fundamentals: representing video games and techniques, the intensive kind (which pc scientists name recreation timber), Bayesian video games (modeling issues like auctions), repeated and stochastic video games, and extra. We’ll embrace a wide range of examples together with traditional video games and some purposes.


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