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GAME THEORY AND INTERACTIVE DECISIONS Introduction Interactive and Non- Interactive Decisions Fundamentals of Game Theory Types of Games Game Solution and Equilibrium Non Zero and Zero Sum Games Summary Fundamentals Decision Theory: Non Interactive and Interactive Decisions

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Presentation Transcript
introduction
Introduction
  • Interactive and Non- Interactive Decisions
  • Fundamentals of Game Theory
  • Types of Games
  • Game Solution and Equilibrium
  • Non Zero and Zero Sum Games
  • Summary
fundamentals
Fundamentals
  • Decision Theory: Non Interactive and Interactive Decisions
  • History of Game Theory
  • Game Notations in 2 Person Games.
    • Strategies
    • Payoffs
  • Types of Games: Non Zero and Zero Sum Games
games solutions concepts
Games Solutions Concepts
  • Inferior and dominant strategies, inadmissibility
  • Dominant Equilibrium
  • Non zero Sum Games: Competition and Cooperation
  • Nash Equilibrium
  • The Prisoner’s Dilemma
zero sum games
Zero Sum Games
  • Solution with Pure Strategies: The Saddle Point Solution
  • Solution with Mixed Strategies
  • Strategy graphs and Game Value
  • Summary of Game Theory