Applications of game theory are wide-ranging. Von Neunmann and Morgenstern indicated the utility of game theory by linking with ecomomic behavior.
Applications
of Game Theory
AU
May-03
Applications
of game theory are wide-ranging. Von Neunmann and Morgenstern indicated the
utility of game theory by linking with ecomomic behavior.
1.
Economic models
For
markets of various commodities with differing numbers of buyers and sellers,
fluctuating values of supply and demand, seasonal and cyclical variations,
analysis of conflicts of interest in maximizing profits and promoting the
widest distribution of goods and services.
2.
Social sciences
The
n-person game theory has interesting uses in studying the distribution of power
in legislative procedures, problems of majority rule, individual and group
decision making.
3.
Epidemiologists
Make
use of game theory, with respect to immunization procedures and methods of
testing a vaccine or other medication.
4.
Mlitary strategists
Artificial Intelligence and Machine Learning: Unit I(e): Adversarial search : Tag: : Adversarial search - Artificial Intelligence and Machine Learning - Applications of Game Theory
Artificial Intelligence and Machine Learning
CS3491 4th Semester CSE/ECE Dept | 2021 Regulation | 4th Semester CSE/ECE Dept 2021 Regulation