Policy and Decision Models: 9. An introduction to N-person games
Listen now
Description
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 called cooperative game theory, and includes a new way to represent a game: the Characteristic Function Form. New solution concepts are Imputations, Domination (again), and Stable Sets.
More Episodes
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...
Published 10/21/10
Published 10/21/10
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...
Published 10/18/10