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Noncooperative Games

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Book cover Game Theory

Part of the book series: The New Palgrave

Abstract

Game theory analyses multi-agent situations in which the payoff to an agent is dependent not only upon his own actions but also on the actions of others. Zero-sum games assume that the payoffs to the players always sum to zero. In that case, the interests of the players are diametrically opposed. In non-zero-sum games, there is typically room for cooperation as well as conflict.

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Authors

Editor information

John Eatwell Murray Milgate Peter Newman

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© 1989 Palgrave Macmillan, a division of Macmillan Publishers Limited

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Harrington, J.E. (1989). Noncooperative Games. In: Eatwell, J., Milgate, M., Newman, P. (eds) Game Theory. The New Palgrave. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-20181-5_20

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