Outcome (game theory) (original) (raw)
In game theory, an outcome is a situation which results from a combination of player's strategies. Formally, a path through the game tree, or equivalently a terminal node of the game tree. A primary purpose of game theory is to determine the outcomes of games according to a solution concept (e.g. Nash equilibrium). In a game where chance or a random event is involved, the outcome is not known from only the set of strategies, but is only realized when the random event(s) are realized.
Property | Value |
---|---|
dbo:abstract | In game theory, an outcome is a situation which results from a combination of player's strategies. Formally, a path through the game tree, or equivalently a terminal node of the game tree. A primary purpose of game theory is to determine the outcomes of games according to a solution concept (e.g. Nash equilibrium). In a game where chance or a random event is involved, the outcome is not known from only the set of strategies, but is only realized when the random event(s) are realized. A set of payoffs can be considered a set of N-tuples, where N is the number of players in the game, and the cardinality of the set is equal to the total number of possible outcomes when the strategies of the players are varied. The payoff set can thus be partially ordered, where the partial ordering comes from the value of each entry in the N-tuple. How players interact to allocate the payoffs among themselves is a fundamental aspect of economics. (en) |
dbo:wikiPageID | 3736689 (xsd:integer) |
dbo:wikiPageLength | 4444 (xsd:nonNegativeInteger) |
dbo:wikiPageRevisionID | 1115752537 (xsd:integer) |
dbo:wikiPageWikiLink | dbr:Nash_equilibrium dbc:Game_theory dbr:Mechanism_design dbr:Game_theory dbr:Game_tree dbr:Economics dbr:Partially_ordered_set dbr:Strategic_dominance dbr:Realization_(probability) dbr:Economic_equilibrium dbr:Implementation_theory dbr:Pareto_efficiency |
dbp:wikiPageUsesTemplate | dbt:More_citations_needed dbt:Other_uses_of dbt:Reflist dbt:Game_theory |
dcterms:subject | dbc:Game_theory |
gold:hypernym | dbr:Set |
rdfs:comment | In game theory, an outcome is a situation which results from a combination of player's strategies. Formally, a path through the game tree, or equivalently a terminal node of the game tree. A primary purpose of game theory is to determine the outcomes of games according to a solution concept (e.g. Nash equilibrium). In a game where chance or a random event is involved, the outcome is not known from only the set of strategies, but is only realized when the random event(s) are realized. (en) |
rdfs:label | Outcome (game theory) (en) |
owl:sameAs | freebase:Outcome (game theory) wikidata:Outcome (game theory) https://global.dbpedia.org/id/4t174 |
prov:wasDerivedFrom | wikipedia-en:Outcome_(game_theory)?oldid=1115752537&ns=0 |
foaf:isPrimaryTopicOf | wikipedia-en:Outcome_(game_theory) |
is dbo:wikiPageDisambiguates of | dbr:Outcome |
is dbo:wikiPageRedirects of | dbr:Outcome_(Game_theory) dbr:Upside_Outcomes dbr:Upside_outcomes |
is dbo:wikiPageWikiLink of | dbr:Outcome dbr:Game_theory dbr:Genus_theory dbr:Contour_set dbr:Spread_betting dbr:Banzhaf_power_index dbr:Power_resource_theory dbr:Outcome_(Game_theory) dbr:Implementation_theory dbr:Polytely dbr:Upside_Outcomes dbr:Upside_outcomes |
is foaf:primaryTopic of | wikipedia-en:Outcome_(game_theory) |