Download or read book Effect of Practice on Decision Making in Simple Games with Simple Strategies written by William H. Payne and published by . This book was released on 1965 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt: A preliminary experiment to evaluate the effectiveness of practice on the ability of personnel to make decisions in simple zero-sum two-person gaming situations was conducted with college students as subjects. Four decision problems were used in the experiment. The Ss played against each other in pairs; each S attempted to maximize accumulation of points. It was found that the Ss were able to learn through practice alone to approximate minimax solutions to the problems. With this simple situation no significant transfer from problem to problem was found; thus, there was no indication that learning on one problem had any marked effect on learning another problem. Large differences between problems were found, indicating the presumably obvious fact that the subjects' ability to make correct decisions depends on the difficulty of the decision problem. Further study is needed to determine the reason for the lack of transfer. (Author).
Download or read book The Effect of Irrelevant Information on Decision Making in Simple Games with Simple Strategies written by William H. Payne and published by . This book was released on 1965 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt: A simple experiment using 5x5 two-person zero-sum games was conducted to determine the effect of multiplying a constant to each value of a payoff matrix. Four different constants were multiplied to a single simple game. Multiplication of the payoff matrix caused the decision maker to be given irrevelant information about the game since the optimum strategy for the game did not depend upon this constant. Eight San Diego State College students served as subjects for this experiment. The subjects played in pairs each making 200 decisions on each side of every game. It was concluded that multiplying a game by a constant does not influence the subject's decisions. (Author).
Download or read book Technical Abstract Bulletin written by and published by . This book was released on with total page 780 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Government wide Index to Federal Research Development Reports written by and published by . This book was released on 1965-07 with total page 760 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book U S Government Research and Development Reports written by and published by . This book was released on 1965 with total page 1776 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Games Strategies and Decision Making written by Joseph Harrington and published by Macmillan. This book was released on 2009-03-15 with total page 587 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Bibliography of Scientific and Industrial Reports written by and published by . This book was released on 1965-07 with total page 1698 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Cooperation and Competition Readings on Mixed motive Games written by Lawrence S. Wrightsman and published by . This book was released on 1972 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book U S Government Research Development Reports written by and published by . This book was released on 1965-08-05 with total page 728 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book EBOOK Strategy Analysis and Practice written by MCGEE, JOHN/THO and published by McGraw Hill. This book was released on 2010-08-16 with total page 738 pages. Available in PDF, EPUB and Kindle. Book excerpt: EBOOK: Strategy: Analysis and Practice
Download or read book Decision Making Using Game Theory written by Anthony Kelly and published by Cambridge University Press. This book was released on 2003-03-27 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: Game theory is a key element in most decision-making processes involving two or more people or organisations. This book explains how game theory can predict the outcome of complex decision-making processes, and how it can help you to improve your own negotiation and decision-making skills. It is grounded in well-established theory, yet the wide-ranging international examples used to illustrate its application offer a fresh approach to an essential weapon in the armoury of the informed manager. The book is accessibly written, explaining in simple terms the underlying mathematics behind games of skill, before moving on to more sophisticated topics such as zero-sum games, mixed-motive games, and multi-person games, coalitions and power. Clear examples and helpful diagrams are used throughout, and the mathematics is kept to a minimum. It is written for managers, students and decision makers in any field.
Download or read book Game Theory Breakthroughs in Research and Practice written by Management Association, Information Resources and published by IGI Global. This book was released on 2017-06-19 with total page 515 pages. Available in PDF, EPUB and Kindle. Book excerpt: Developments in the use of game theory have impacted multiple fields and created opportunities for new applications. With the ubiquity of these developments, there is an increase in the overall utilization of this approach. Game Theory: Breakthroughs in Research and Practice contains a compendium of the latest academic material on the usage, strategies, and applications for implementing game theory across a variety of industries and fields. Including innovative studies on economics, military strategy, and political science, this multi-volume book is an ideal source for professionals, practitioners, graduate students, academics, and researchers interested in the applications of game theory.
Download or read book Government Reports Announcements written by and published by . This book was released on 1965 with total page 1382 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Using Game Theory to Improve Safety within Chemical Industrial Parks written by Genserik Reniers and published by Springer Science & Business Media. This book was released on 2013-04-05 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: Though the game-theoretic approach has been vastly studied and utilized in relation to economics of industrial organizations, it has hardly been used to tackle safety management in multi-plant chemical industrial settings. Using Game Theory for Improving Safety within Chemical Industrial Parks presents an in-depth discussion of game-theoretic modeling which may be applied to improve cross-company prevention and -safety management in a chemical industrial park. By systematically analyzing game-theoretic models and approaches in relation to managing safety in chemical industrial parks, Using Game Theory for Improving Safety within Chemical Industrial Parks explores the ways game theory can predict the outcome of complex strategic investment decision making processes involving several adjacent chemical plants. A number of game-theoretic decision models are discussed to provide strategic tools for decision-making situations. Offering clear and straightforward explanations of methodologies, Using Game Theory for Improving Safety within Chemical Industrial Parks provides managers and management teams with approaches to asses situations and to improve strategic safety- and prevention arrangements.
Download or read book Games and Decision Making written by Charalambos D. Aliprantis and published by Oxford University Press, USA. This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Games and Decision Making, Second Edition, is a unique blend of decision theory and game theory. From classical optimization to modern game theory, authors Charalambos D. Aliprantis and Subir K. Chakrabarti show the importance of mathematical knowledge in understanding and analyzing issues in decision making. Through an imaginative selection of topics, Aliprantis and Chakrabarti treat decision and game theory as part of one body of knowledge. They move from problems involving the individual decision-maker to progressively more complex problems such as sequential rationality, auctions, and bargaining. By building each chapter on material presented earlier, the authors offer a self-contained and comprehensive treatment of these topics. Successfully class-tested in an advanced undergraduate course at the Krannert School of Management and in a graduate course in economics at Indiana University, Games and Decision Making, Second Edition, is an essential text for advanced undergraduates and graduate students of decision theory and game theory. The book is accessible to students who have a good basic understanding of elementary calculus and probability theory.
Download or read book Rational Decisions written by Ken Binmore and published by Princeton University Press. This book was released on 2008-12-29 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is widely held that Bayesian decision theory is the final word on how a rational person should make decisions. However, Leonard Savage--the inventor of Bayesian decision theory--argued that it would be ridiculous to use his theory outside the kind of small world in which it is always possible to "look before you leap." If taken seriously, this view makes Bayesian decision theory inappropriate for the large worlds of scientific discovery and macroeconomic enterprise. When is it correct to use Bayesian decision theory--and when does it need to be modified? Using a minimum of mathematics, Rational Decisions clearly explains the foundations of Bayesian decision theory and shows why Savage restricted the theory's application to small worlds. The book is a wide-ranging exploration of standard theories of choice and belief under risk and uncertainty. Ken Binmore discusses the various philosophical attitudes related to the nature of probability and offers resolutions to paradoxes believed to hinder further progress. In arguing that the Bayesian approach to knowledge is inadequate in a large world, Binmore proposes an extension to Bayesian decision theory--allowing the idea of a mixed strategy in game theory to be expanded to a larger set of what Binmore refers to as "muddled" strategies. Written by one of the world's leading game theorists, Rational Decisions is the touchstone for anyone needing a concise, accessible, and expert view on Bayesian decision making.
Download or read book Games Strategies Decision Making Loose Leaf written by Joseph Harrington and published by Worth Publishers. This book was released on 2009-07-01 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
