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 Fighting It Out

Ken Binmore

in Playing for Real: Game Theory

Published in print:
2007
Published Online:
May 2007
ISBN:
9780195300574
eISBN:
9780199783748
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195300574.003.0007
Subject:
Economics and Finance, Microeconomics

This chapter describes the theory of two-person, zero-sum games invented by John Von Neumann in 1928. It begins with an application to the computation of economic shadow prices. It shows that a ... More


Pelé Meets John Von Neumann in the Penalty Area

Ignacio Palacios-Huerta

in Beautiful Game Theory: How Soccer Can Help Economics

Published in print:
2014
Published Online:
October 2017
ISBN:
9780691144023
eISBN:
9781400850310
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691144023.003.0002
Subject:
Economics and Finance, History of Economic Thought

The movie A Beautiful Mind (2001) portrays the life and work of John F. Nash Jr., who received the Nobel Prize in Economics in 1994. A class of his theories deals with how people should behave in ... More


Minimax Theorem

João P. Hespanha

in Noncooperative Game Theory: An Introduction for Engineers and Computer Scientists

Published in print:
2017
Published Online:
May 2018
ISBN:
9780691175218
eISBN:
9781400885442
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691175218.003.0005
Subject:
Mathematics, Logic / Computer Science / Mathematical Philosophy

This chapter deals with the Minimax Theorem and its proof, which is based on elementary results from convex analysis. The theorem states that for every matrix A, the average security levels of both ... More


Game Theory and Literature: An Overview

Steven J. Brams

in Game Theory and the Humanities: Bridging Two Worlds

Published in print:
2011
Published Online:
August 2013
ISBN:
9780262015226
eISBN:
9780262295932
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262015226.003.0001
Subject:
Economics and Finance, Econometrics

This chapter surveys applications of game theory in literature, and is organized as follows. Section 1.2 sets out the three questions posed to several game theorists who at some time applied game ... More


Justification

Jon Williamson

in Lectures on Inductive Logic

Published in print:
2017
Published Online:
March 2017
ISBN:
9780199666478
eISBN:
9780191749292
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199666478.003.0009
Subject:
Mathematics, Logic / Computer Science / Mathematical Philosophy

Chapter 9 presents a formal justification of the objective Bayesian approach. The norms of objective Bayesianism are justified on the grounds that they must hold if one is to avoid certain avoidable ... More


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