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2697843
Competitive Games
Descripción
Module 1
Sin etiquetas
competitive strategy
coursera
competitive strategy
undergraduation
Mapa Mental por
danielspt
, actualizado hace más de 1 año
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Creado por
danielspt
hace alrededor de 9 años
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Resumen del Recurso
Competitive Games
Nota:
A Competitive Game is a game whose player's outcomes depend on the other player's actions.
Simultaneous Games
Nota:
Both competitors have to made their decisions simultaneously, that is, before any choice has been made in the game.
Dominated Strategies
Nota:
A strategy is Dominated if there is another strategy for which there is a better payoff for the player.
Dominant Strategies
Nota:
A strategy is Dominant if it gives the player the best possible payoff.
Nash Equilibrium
Nota:
A Nash Equilibrium is a set of actions such that no player has incentive to change his strategy.
That implies that a Nash Equilibrium cannot contain Dominant Strategies at all.
Prisoner's Dillema
Nota:
A Prisoner's Dillema
Cooperation
Nota:
The Prisoner's Dillema is the main incentive for developing cooperation between players.
Sequential Games
Nota:
A Sequential Game is one in which player's action are take in an already known order.
Backward Induction
Nota:
Backward Induction is a method of analyzing games through which player's action's are based on the last possible action of the game.
Finite Repetition Games
Nota:
Backward Induction can be applied to games that have a known endpoint.
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