Logo
Unionpedia
Communication
Get it on Google Play
New! Download Unionpedia on your Android™ device!
Install
Faster access than browser!
 

Game theory and Zero-sum game

Shortcuts: Differences, Similarities, Jaccard Similarity Coefficient, References.

Difference between Game theory and Zero-sum game

Game theory vs. Zero-sum game

Game theory is "the study of mathematical models of conflict and cooperation between intelligent rational decision-makers". In game theory and economic theory, a zero-sum game is a mathematical representation of a situation in which each participant's gain or loss of utility is exactly balanced by the losses or gains of the utility of the other participants.

Similarities between Game theory and Zero-sum game

Game theory and Zero-sum game have 15 things in common (in Unionpedia): Émile Borel, Economics, Expected value, Gains from trade, John von Neumann, Mathematical model, Minimax, Nash equilibrium, Normal-form game, Oskar Morgenstern, Princeton University Press, Probability, Solution concept, Strategy (game theory), Utility.

Émile Borel

Félix Édouard Justin Émile Borel (7 January 1871 – 3 February 1956) was a French mathematician and politician.

Émile Borel and Game theory · Émile Borel and Zero-sum game · See more »

Economics

Economics is the social science that studies the production, distribution, and consumption of goods and services.

Economics and Game theory · Economics and Zero-sum game · See more »

Expected value

In probability theory, the expected value of a random variable, intuitively, is the long-run average value of repetitions of the experiment it represents.

Expected value and Game theory · Expected value and Zero-sum game · See more »

Gains from trade

In economics, gains from trade are the net benefits to economic agents from being allowed an increase in voluntary trading with each other.

Gains from trade and Game theory · Gains from trade and Zero-sum game · See more »

John von Neumann

John von Neumann (Neumann János Lajos,; December 28, 1903 – February 8, 1957) was a Hungarian-American mathematician, physicist, computer scientist, and polymath.

Game theory and John von Neumann · John von Neumann and Zero-sum game · See more »

Mathematical model

A mathematical model is a description of a system using mathematical concepts and language.

Game theory and Mathematical model · Mathematical model and Zero-sum game · See more »

Minimax

Minimax (sometimes MinMax or MM) is a decision rule used in decision theory, game theory, statistics and philosophy for minimizing the possible loss for a worst case (maximum loss) scenario.

Game theory and Minimax · Minimax and Zero-sum game · See more »

Nash equilibrium

In game theory, the Nash equilibrium, named after American mathematician John Forbes Nash Jr., is a solution concept of a non-cooperative game involving two or more players in which each player is assumed to know the equilibrium strategies of the other players, and no player has anything to gain by changing only their own strategy.

Game theory and Nash equilibrium · Nash equilibrium and Zero-sum game · See more »

Normal-form game

In game theory, normal form is a description of a game.

Game theory and Normal-form game · Normal-form game and Zero-sum game · See more »

Oskar Morgenstern

Oskar Morgenstern (January 24, 1902 – July 26, 1977) was a German-born economist.

Game theory and Oskar Morgenstern · Oskar Morgenstern and Zero-sum game · See more »

Princeton University Press

Princeton University Press is an independent publisher with close connections to Princeton University.

Game theory and Princeton University Press · Princeton University Press and Zero-sum game · See more »

Probability

Probability is the measure of the likelihood that an event will occur.

Game theory and Probability · Probability and Zero-sum game · See more »

Solution concept

In game theory, a solution concept is a formal rule for predicting how a game will be played.

Game theory and Solution concept · Solution concept and Zero-sum game · See more »

Strategy (game theory)

In game theory, a player's strategy is any of the options he or she can choose in a setting where the outcome depends not only on his own actions but on the action of others.

Game theory and Strategy (game theory) · Strategy (game theory) and Zero-sum game · See more »

Utility

Within economics the concept of utility is used to model worth or value, but its usage has evolved significantly over time.

Game theory and Utility · Utility and Zero-sum game · See more »

The list above answers the following questions

Game theory and Zero-sum game Comparison

Game theory has 289 relations, while Zero-sum game has 39. As they have in common 15, the Jaccard index is 4.57% = 15 / (289 + 39).

References

This article shows the relationship between Game theory and Zero-sum game. To access each article from which the information was extracted, please visit:

Hey! We are on Facebook now! »