Game Theory : Normal Form Games
88 Citations•2016•
Michael Levet
journal unavailable
The basic strategic form game is introduced, also known as the normal form game, which studies how rational agents make decisions in both competitive and cooperative situations.
Abstract
Game Theory is a mathematical field that studies how rational agents make decisions in both competitive and cooperative situations. It has widespread applications in economics, political science, psychology, biology, computer science, and data science. Some of the applications include radio spectrum auctions, voting, and organ donations. These notes introduce the basic strategic form game, also known as the normal form game.