FREE Game Theory Essay (original) (raw)

The first evidence of the game theory can be found in the Talmud concerning the dividing of estates. The game theory wasn't around then but in 1985 it was recognized. Significant contributions came from John von Neumann in 1928 when he proved the min/max theory, and then again when von Neumann and Oskar Morgenstern published Theory of Games and Economic Behavior. John Nash Jr. published four papers between 1950 and 1953, which contributed to the non-cooperative game theory and to the bargaining theory. In 1994 Nash, John C. Harsanyi, and Reinhard Selten won the Nobel Prize in economics for "their pioneering analysis of equilibria in the theory of non-cooperative games.
The game theory is a branch of mathematics that analysis decision making in conflict situations. These situations exist when two or more decision makers, who have different objectives, have to act on the same system, or share the same resources. The game theory provides a mathematical process for finding the optimum strategy, against an opponent who has their own strategy. The game theory makes the following assumptions.
"1. Each decision maker ["PLAYER"] has available to him two or more well-specified choices or sequence of choices (called "PLAYS").
2. Every possible combination of plays available to the players leads to a well-defined end-state (win, loss, or draw) that terminates the game.
3. A specified payoff for each player is associated with each end-state (a [ZERO-SUM game] means that the sum of payoffs to all players is zero in each end-state).
4. Each decision maker has perfect knowledge of the game and of his opposition; that is, he knows in full detail the rules of the game as well as the payoffs of all the other players.
5. All decision makers are rational; that is, each player, given two alternatives, will select the one that yields him the greater payoff.
The last two assumptions, in particular, restrict the application of game theory in real-world conflict situations.

1. Theories of Truth

In looking at the four theories of truth (correspondence, coherence, James's theory and Peirce's theory), the correspondence theory is the most defensible out of the four theories because it has the least amount of problems. ... Our society bases our knowledge off of facts, which is why this theory is successful, yet also why this theory is flawed. ... The final theory of truth is Peirce's view on truth. ... According to Peirce's theory this proposition would be true. ... If they say no then it is game over and it is blatantly clear that the argument is invalid. ...

2. Sociology of Game of Thrones

The other sociological perspectives are applicable to Game of Thrones, Interactionist theory suggest that in this world of chaos and war that each side is necessary. ... However conflict theory better explains the broader concepts of social aspects and heritage of the universe of Game of Thrones. Functionalism is also a competent theory for the world of game of thrones as well with most people roles in the story having a function to change the plot this way or that. ... Still there is little in the way of history and culture explained by this theory and that is why conflict theory of sociolo...

3. Theory of Games and the Cuban Missil Crisis

First of all I will explain what the game theory is and give a few demonstrations of it. ... In the next paragraph, I will explain what game theory is and give a few examples of it. What is the game theory? Well the game theory is a method of studying in a strategic point of view decision making. ... The first example I will portray about the game theory is the "chicken game". ...

4. Game Management

For hundreds of years game animals have been hunted throughout the world. ... In 1933 Aldo Leopold ,an American biologist, developed a theory that one unit of habitat can only support a certain number of animals. ... Once this theory was proven hunting laws were redesigned to allow hunter to harvest enough animals a year without harming populations. ... There are several organizations involved in game management. ... Once you replant an area this provides a safe haven for game. ...

5. Game Theory

The realities of life can never be played out in a game. ... The economy is the most real aspect of this game. ... There really is no good way to simulate this on a board game. ... With all these aspects in mind the game did take on some real life traits. ... Even a game can bring about certain humanistic traits that every nation has had. ...

6. lagaan - review

Motivation theories. Different motivation theories have attempted to provide explanations of what motivates people. Motivation theories are divided in two parts. Content theories focus on what sorts of factors within the person that energizes, direct, sustain, and stop behavior. ... According to Maslow's hierarchy of needs their physiological and safety needs, Alderfer's ERG theory their existence need and Herzberg's two factor theory their hygienic needs were the main things that motivated villagers to join Bhuvan's team and work hard to get desired result. ...

7. Video Game Violence

The conducted two studies to try to relate aggressive behavior to violent video game playing. ... The second study involved two-hundred and ten students and the doctors had some students play Wolfenstein 3D (a violent video game) and some students play Myst (a non-violent video game). ... The students that played the violent video game punished their opponents with the noise blast for a longer amount of time then the students who didn't play the violent video game did. ... The game was licensed by the U.S. military to train soldiers to effectively kill their enemies. ... The first video g...

8. The Most Dangerous Game

When reviewing the short story "The Most Dangerous Game", by Richard Connell you will find that The most Dangerous Game is an example of commercial fiction. When examining the story this theory can be proved by looking at the physical and social setting. The physical setting of "The Most Dangerous Game" is clearly an implausible back drop. ... These points mentioned above help establish that "The Most Dangerous Game is an prime example of commercial fiction. ...

Got a writing question? Ask our professional writer!
Submit My Question