PREDICTING YOUR INVESTMENTS,ASSETS AND REAL ESTATE
Science and Mathematics for predictiing life interactions.
The Game Theory.
Game theorists use the Nash equilibrium concept to analyze the outcome of the strategic interaction of several decision makers.
In other words, it provides a way of predicting what will happen if several people or several institutions are making decisions at the same time
The simple John Nash's idea is that we cannot predict the result of the choices of multiple decision makers if we analyze those decisions in isolation. Instead, we must ask what each player would do, taking into account the decision-making of the others.
Nash equilibrium has been used to analyze hostile situations like war and arms races and also how conflict may be mitigated by repeated interaction Tit-for-tat. It has also been used to study to what extent people with different preferences can cooperate ( Battle of the sexes), and whether they will take risks to achieve a cooperative outcome ( Stag hunt),the occurrence of bank runs and currency crises (Coordination game). how to organize auctions ( auction theory), intelligence in education.
Science and Mathematics for predictiing life interactions.
The Game Theory.
Game theorists use the Nash equilibrium concept to analyze the outcome of the strategic interaction of several decision makers.
In other words, it provides a way of predicting what will happen if several people or several institutions are making decisions at the same time
The simple John Nash's idea is that we cannot predict the result of the choices of multiple decision makers if we analyze those decisions in isolation. Instead, we must ask what each player would do, taking into account the decision-making of the others.
Nash equilibrium has been used to analyze hostile situations like war and arms races and also how conflict may be mitigated by repeated interaction Tit-for-tat. It has also been used to study to what extent people with different preferences can cooperate ( Battle of the sexes), and whether they will take risks to achieve a cooperative outcome ( Stag hunt),the occurrence of bank runs and currency crises (Coordination game). how to organize auctions ( auction theory), intelligence in education.
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