Computational Complexity

2012 Edition
| Editors: Robert A. Meyers (Editor-in-Chief)

Game Theory, Introduction to

  • Marilda Sotomayor
Reference work entry
DOI: https://doi.org/10.1007/978-1-4614-1800-9_79

Game theory is the study of decision problems which involves several individuals (the decision‐makers or players)interacting rationally. The models of game theory are abstract representations of a number of real-life situations and have applications to economics,political sciences, computer sciences, evolutionary biology, social psychology, law, among others. These applications are also important for the developmentof the theory, since the questions that emerge may lead to new theoretic results.

This session is an attempt to provide the main features of Game Theory, covering most of the fundamental theoretical aspects under the cooperative,non‐cooperative and “general” or “mixed” approaches.

The cooperative approach focuses on the possible outcomes of the decision‐maker's interaction by abstracting from the actions or decisions thatmay lead to these outcomes. Specifically, Cooperative game theory studies the interactions among coalitions of players. Its main question is: Given the...

Keywords

Game Theory Cooperative Game Differential Game Dynamic Game Repeated Game 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
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Copyright information

© Springer-Verlag 2012

Authors and Affiliations

  • Marilda Sotomayor
    • 1
    • 2
  1. 1.Department of EconomicsUniversity of São PauloSão PauloBrasil
  2. 2.Department of EconomicsBrown UniversityProvidenceUSA