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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


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


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