Game theoretical optimization inspired by information theory

Game theoretical optimization inspired by information theory

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Article ID: iaor200945300
Country: Netherlands
Volume: 43
Issue: 4
Start Page Number: 553
End Page Number: 564
Publication Date: Apr 2009
Journal: Journal of Global Optimization
Authors:
Keywords: information theory
Abstract:

Inspired by previous work on information theoretical optimization problems, the basics of an axiomatic theory of certain special two–person zero–sum games is developed. One of the players, ‘Observer’, is imagined to have a mind, the other, ‘Nature’, not. These ideas lead to un–symmetric modeling as the two players are treated quite differently. Basic concavity– and convexity results as well as a general minimax theorem are derived from the axioms.

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