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Evolutionary game theory differs from classical game theory in focusing more on the dynamics of strategy change. [2] This is influenced by the frequency of the competing strategies in the population. [3] Evolutionary game theory has helped to explain the basis of altruistic behaviours in Darwinian evolution.
Game theory has come to play an increasingly important role in logic and in computer science. Several logical theories have a basis in game semantics. In addition, computer scientists have used games to model interactive computations. Also, game theory provides a theoretical basis to the field of multi-agent systems. [124]
A fish from the respective genus Rivulus. The winner and loser effect is an aggression phenomenon in which the winner effect is the increased probability that an animal will win future aggressive interactions after experiencing previous wins, while the loser effect is the increased probability that an animal will lose future aggressive interactions after experiencing previous losses. [1]
The concept of "reciprocal altruism", as introduced by Trivers, suggests that altruism, defined as an act of helping another individual while incurring some cost for this act, could have evolved since it might be beneficial to incur this cost if there is a chance of being in a reverse situation where the individual who was helped before may perform an altruistic act towards the individual who ...
Theory of Games and Economic Behavior, published in 1944 [1] by Princeton University Press, is a book by mathematician John von Neumann and economist Oskar Morgenstern which is considered the groundbreaking text that created the interdisciplinary research field of game theory.
Overconsumption describes a situation where consumers overuse their available goods and services to where they can't, or don't want to, replenish or reuse them. [1] In microeconomics, this is the point where the marginal cost of a consumer is greater than their marginal utility.
Known as the Great Dying, the mass extinction that ended the Permian geological period was the worst of the five global catastrophic events in Earth’s history, more devastating, than the one ...
Evolution and the Theory of Games is a book by the British evolutionary biologist John Maynard Smith on evolutionary game theory. [ 1 ] [ 2 ] [ 3 ] The book was initially published in December 1982 by Cambridge University Press .