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Michael Bahir Maschler (Hebrew: מיכאל בהיר משלר; July 22, 1927 – July 20, 2008) was an Israeli mathematician well known for his contributions to the field of game theory. He was a professor in the Einstein Institute of Mathematics and the Center for the Study of Rationality at the Hebrew University of Jerusalem in Israel.
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.
Separately, game theory has played a role in online algorithms; in particular, the k-server problem, which has in the past been referred to as games with moving costs and request-answer games. [125] Yao's principle is a game-theoretic technique for proving lower bounds on the computational complexity of randomized algorithms , especially online ...
The contested garment (CG) rule, [1] also called concede-and-divide, [2] is a division rule for solving problems of conflicting claims (also called "bankruptcy problems"). The idea is that, if one claimant's claim is less than 100% of the estate to divide, then he effectively concedes the unclaimed estate to the other claimant.
Original – A 2020 episode of Game Theory hosted by MatPat covering the SCP Foundation, Russian trademark law, and Creative Commons licenses. Reason This episode of Game Theory (a webseries created by MatPat) has over six million views on YouTube and serves as the best free representation of Game Theory and of MatPat's video style as a whole.
Game theory is a branch of mathematics that uses models to study interactions with formalized incentive structures ("games"). It has applications in a variety of fields, including economics , evolutionary biology , political science , social psychology and military strategy .
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 ...
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