Game theory
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Transcript of Game theory
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Welcome to My
Presentation
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Game Theory
Presentation Topics.
![Page 3: Game theory](https://reader036.fdocuments.us/reader036/viewer/2022083104/5881a43e1a28ab1a398b5f11/html5/thumbnails/3.jpg)
What is Game Theory?
• In strategic games, agents choose strategies that will maximize their return, given the strategies the other agents choose.
• The mathematics of human interactions
![Page 4: Game theory](https://reader036.fdocuments.us/reader036/viewer/2022083104/5881a43e1a28ab1a398b5f11/html5/thumbnails/4.jpg)
Using Area of Game Theory.
• Mathematics• Computer Science• Biology• Economics• Political Science• International Relations• Philosophy
• Psychology• Law• Military Strategy• Management• Sports• Game Playing
![Page 5: Game theory](https://reader036.fdocuments.us/reader036/viewer/2022083104/5881a43e1a28ab1a398b5f11/html5/thumbnails/5.jpg)
Pure Strategies.
i ii iii iv Raw Minimum
i 20 15 12 35 12
ii 25 14 8 10 8iii 40 2 10 5 2iv -5 4 11 0 -5
Colum Maximum
40 15 12 35
Player A
Playe
r B
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i ii iii Raw Minimum
i 55 40 35 35
ii 70 70 55 55iii 75 55 65 55Colum Maximum
75 70 65
Player A
Playe
r B
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i ii iii Raw Minimum
i 55 40 35 35
ii 70 70 55 55iii 75 55 65 55Colum Maximum
75 70 65
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ii iiiii 70 55iii 55 65
Reduced pay-off matrix
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“THANK YOU”