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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 ...
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.
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.
Evolutionary game theory – Application of game theory to evolving populations in biology; Evolutionary graph theory – Approach to studying how topology affects evolution of a population; Evolutionary invasion analysis – Mathematical modeling of phenotypic evolution; Largest-scale trends in evolution – Limits of increased complexity over ...
In 1973 Maynard Smith formalised a central concept in evolutionary game theory called the evolutionarily stable strategy, [7] based on a verbal argument by George R. Price. This area of research culminated in his 1982 book Evolution and the Theory of Games. The Hawk-Dove game is arguably his single most influential game theoretical model.
The mediaeval great chain of being as a staircase, implying the possibility of progress: [1] Ramon Lull's Ladder of Ascent and Descent of the Mind, 1305. Alternatives to Darwinian evolution have been proposed by scholars investigating biology to explain signs of evolution and the relatedness of different groups of living things.
Determined game (or Strictly determined game) In game theory, a strictly determined game is a two-player zero-sum game that has at least one Nash equilibrium with both players using pure strategies. [2] [3] Dictator A player is a strong dictator if he can guarantee any outcome regardless of the other players.
In game theory, a solution concept is a formal rule for predicting how a game will be played. These predictions are called "solutions", and describe which strategies will be adopted by players and, therefore, the result of the game. The most commonly used solution concepts are equilibrium concepts, most famously Nash equilibrium.