EPA2142. Master Engineering and Policy Analysis. The lecture is about analyzing and supporting design and decision-making in multi-actor settings. Even more solution concepts (for n-person cooperative games) are introduced here: Bargaining Sets, the Nucleolus and the Gately Point. These solution concepts are based on a view of the game as a process of bargaining about what coalitions to form. These theories are applied to parliamentary coalition formation, which includes a discussion of...

EPA2142. Master Engineering and Policy Analysis. The lecture is about analyzing and supporting design and decision-making in multi-actor settings. Even more solution concepts (for n-person cooperative games) are introduced here: Bargaining Sets, the Nucleolus and the Gately Point. These solution concepts are based on a view of the game as a process of bargaining about what coalitions to form. These theories are applied to parliamentary coalition formation, which includes a discussion of...

EPA2142. Master Engineering and Policy Analysis. The course is a survey of models for analyzing and supporting design and decision-making in multi-actor settings. This lecture adds several ways to analyze and interpret n-person cooperative games. The Core follows naturally from definitions of individual rationality and collective rationality. The Shapley Value follows naturally from a set of axioms about fairness. In addition to these solution concepts, a power index may help to quantify...

EPA2142. Master Engineering and Policy Analysis. The course is a survey of models for analyzing and supporting design and decision-making in multi-actor settings. This lecture adds several ways to analyze and interpret n-person cooperative games. The Core follows naturally from definitions of individual rationality and collective rationality. The Shapley Value follows naturally from a set of axioms about fairness. In addition to these solution concepts, a power index may help to quantify...

EPA2142. Master Engineering and Policy Analysis. The course is a survey of models for analyzing and supporting design and decision-making in multi-actor settings. Until now, all games were played between two rational agents. In this lecture, n-person games are introduced, which may have any number of players. Because the number of possible outcomes grows exponentially with every additional player, the focus moves away from choosing strategies, and towards identifying coalitions. This is...

EPA2142. Master Engineering and Policy Analysis. The course is a survey of models for analyzing and supporting design and decision-making in multi-actor settings. It's all about games of negotiation or bargaining. A new solution concept, Nash arbitration, is introduced: if the players agree to have the outcome determined by an impartial arbitrator, how should he allocate the pay-offs? Other cooperative solutions are shortly discussed as well, and the broader context of Negotiation Analysis is...

EPA2142. Master Engineering and Policy Analysis. The course is a survey of models for analyzing and supporting design and decision-making in multi-actor settings. It's all about games of negotiation or bargaining. A new solution concept, Nash arbitration, is introduced: if the players agree to have the outcome determined by an impartial arbitrator, how should he allocate the pay-offs? Other cooperative solutions are shortly discussed as well, and the broader context of Negotiation Analysis is...

EPA2142. Master Engineering and Policy Analysis. The course is a survey of models for analyzing and supporting design and decision-making in multi-actor settings. Contrasting with cooperative games that will be introduced in later modules, this module (and the preceding ones) deals with non-cooperative game theory. Non-cooperative game theory focuses on process as opposed to outcomes, and on equilibrium concepts as opposed to fairness concepts. From this module onwards, games are also not...

EPA2142. Master Engineering and Policy Analysis. The course is a survey of models for analyzing and supporting design and decision-making in multi-actor settings. A new representation for games is introduced: the Tree. The branches of the tree represent alternative strategies. This form is ideal for sequential games (where one player moves before the other does), and accommodates new modeling features such as players who observe some, but not all aspects of the situation. This module also...

EPA2142. Master Engineering and Policy Analysis. The course is a survey of models for analyzing and supporting design and decision-making in multi-actor settings. Contrasting with cooperative games that will be introduced in later modules, this module (and the preceding ones) deals with non-cooperative game theory. Non-cooperative game theory focuses on process as opposed to outcomes, and on equilibrium concepts as opposed to fairness concepts. From this module onwards, games are also not...

EPA2142. Master Engineering and Policy Analysis. The course is a survey of models for analyzing and supporting design and decision-making in multi-actor settings. A new representation for games is introduced: the Tree. The branches of the tree represent alternative strategies. This form is ideal for sequential games (where one player moves before the other does), and accommodates new modeling features such as players who observe some, but not all aspects of the situation. This module also...

EPA2142. Master Engineering and Policy Analysis. The course is a survey of models for analyzing and supporting design and decision-making in multi-actor settings. The simplest game models are 2x2 matrices. One player's strategies (options, choices) form the rows, the other player's strategies are the columns, and the cells display the payoffs resulting from the interplay of the strategies. These elements together constitute a "game". The matrix representation is often called "normal form" or...

EPA2142. Master Engineering and Policy Analysis. The course is a survey of models for analyzing and supporting design and decision-making in multi-actor settings. The simplest game models are 2x2 matrices. One player's strategies (options, choices) form the rows, the other player's strategies are the columns, and the cells display the payoffs resulting from the interplay of the strategies. These elements together constitute a "game". The matrix representation is often called "normal form" or...