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Gärdenfors was the first to apply a game theoretical approach to rights in his paper "Rights, Games and Social Choice". [3] Peter Gärdenfors' research covers several areas: Belief revision, decision theory, philosophy of science, concept formation, conceptual spaces, cognitive semantics, and the evolution of cognition and language.
John Harsanyi – equilibrium theory (Nobel Memorial Prize in Economic Sciences in 1994) Monika Henzinger – algorithmic game theory and information retrieval; John Hicks – general equilibrium theory (including Kaldor–Hicks efficiency) Naira Hovakimyan – differential games and adaptive control; Peter L. Hurd – evolution of aggressive ...
Similarly, an auction is a game form that takes each bidder's price and maps them to both a winner and a set of payments by the bidders. Often, a game form is a set of rules or institutions designed to implement some normative goal (called a social choice function ), by motivating agents to act in a particular way through an appropriate choice ...
Steven J. Brams (born November 28, 1940, in Concord, New Hampshire) is an American game theorist and political scientist at the New York University Department of Politics. . Brams is best known for using the techniques of game theory, public choice theory, and social choice theory to analyze voting systems and fair divi
Download as PDF; Printable version; ... Game theory is the study of mathematical models of strategic interactions. [1] ... One example is Peter John Wood's (2013 ...
The revelation principle is a fundamental result in mechanism design, social choice theory, and game theory which shows it is always possible to design a strategy-resistant implementation of a social decision-making mechanism (such as an electoral system or market). [1] It can be seen as a kind of mirror image to Gibbard's theorem.
Nomic is a game created in 1982 by philosopher Peter Suber, the rules of which include mechanisms for changing those rules, usually beginning by way of democratic voting. [1] The game demonstrates that in any system where rule changes are possible, a situation may arise in which the resulting laws are contradictory or insufficient to determine ...
Constant sum: A game is a constant sum game if the sum of the payoffs to every player are the same for every single set of strategies. In these games, one player gains if and only if another player loses. A constant sum game can be converted into a zero sum game by subtracting a fixed value from all payoffs, leaving their relative order unchanged.