Game Theory: Concepts, mathematical formalization and application to the assignment of joint cost

Game Theory: Concepts, mathematical formalization and application to the assignment of joint cost

0.00 Avg rating0 Votes
Article ID: iaor19961701
Country: Brazil
Volume: 1
Issue: 3
Start Page Number: 272
End Page Number: 289
Publication Date: Dec 1994
Journal: Gesto & Produo
Authors:
Keywords: decision, gaming
Abstract:

This paper presents the basic concepts of Game Theory and the mathematical formalizations of classic concepts of game solutions. The fundamental from which the paper derives the concepts of game solutions that can be found in the recent literature were surveyed. It features the concepts of games known as co-operative games by concepts of objection and counterobjection to show that they can be understood as a negotiation process. In addition, the paper shows how the Game Theory can be applied to the problem of the assignment of joint cost.

Reviews

Required fields are marked *. Your email address will not be published.