- published: 17 Apr 2016
- views: 104292
Game theory is the study of strategic decision making. More formally, it is "the study of mathematical models of conflict and cooperation between intelligent rational decision-makers." An alternative term suggested "as a more descriptive name for the discipline" is interactive decision theory. Game theory is mainly used in economics, political science, and psychology, as well as logic and biology. The subject first addressed zero-sum games, such that one person's gains exactly equal net losses of the other participant(s). Today, however, game theory applies to a wide range of class relations, and has developed into an umbrella term for the logical side of science, to include both human and non-humans, like computers. Classic uses include a sense of balance in numerous games, where each person has found or developed a tactic that cannot successfully better his results, given the other approach.
Modern game theory began with the idea regarding the existence of mixed-strategy equilibria in two-person zero-sum games and its proof by John von Neumann. Von Neumann's original proof used Brouwer's fixed-point theorem on continuous mappings into compact convex sets, which became a standard method in game theory and mathematical economics. His paper was followed by his 1944 book Theory of Games and Economic Behavior, with Oskar Morgenstern, which considered cooperative games of several players. The second edition of this book provided an axiomatic theory of expected utility, which allowed mathematical statisticians and economists to treat decision-making under uncertainty.
There's a light on the nineteenth floor tonight
They don't know there won't even be a fight
But they'll find out I've tired of all the things I've called my own
When they go to the final mats alone
Don't even waste the man-hours on us
We are finding no solution
Call all the boys in from the fighting fronts
We have lost the revolution
None of the soaring flight we dreamed
Is any closer to perfection
And all I want is one to fold my arms around
We are throwing the election
There's a light on in Joanie's room tonight
And she won't sleep till summer's going right
She thought she saw something that would lead her to believe
I'm the kind who'll accept the strokes and leave
Make me an offer, I don't waste them now
We have no more fixed intentions
Give all the faithful long-deserved rests
We've abandoned our dissentions
You could be one of someone's hundreds
Who'll be chosen for affection
And all I want is one to fold my arms around
We are throwing the election
I've got a feeling it's all rigged
I've got a feeling it ended a long time ago
Nobody tells me
I've got a feeling it's over now
I've got a feeling it's over now
I've got a feeling the votes are in and I got none
And all I want is one