rules of the game博弈的规则.pdfVIP

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rules of the game博弈的规则.pdf

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rules of the game博弈的规则

Game Theory Dr. Zou Yasheng Lecture 2 RULES OF THE GAME “In war the will is directed at an animate object that reacts.” - Karl Von Clausewitz, On War Defining the Game Review Game theory is a description of strategic interaction between mutually aware players You are self-interested and selfish So is everyone else Outline: Defining the rules of the game Manipulating the rules if they are flexible Questioning game theory’s assumptions 邹亚生 2 Game Theory Its Application Rules of the Game The strategic environment Players Strategies Payoffs The rules Timing of moves Nature of conflict and interaction Informational conditions Enforceability of agreements or contracts The assumptions Rationality Common knowledge 邹亚生 3 Game Theory Its Application The Strategic Environment Players Everyone who has an effect on your earnings Strategies Actions available to each player Define a plan of action for every contingency Payoffs Numbers associated with each outcome Reflect the interests of the players 邹亚生 4 Game Theory Its Application The Rules Timing of moves Are moves simultaneous or sequential?