Tagged Questions

1
vote
2answers
296 views

Game theory: Nash equilibrium in asymetric payoff matrix

I have a utility function describing the desirability of an outcome state. I weigh the expected utility with the probability of the outcome state occuring. I find the expected utility of an action, a, ...
0
votes
1answer
46 views

How do we prove that e = RPC, in game theory?

Here e is the expected value of the game for the row player, P is the payoff matrix from the perspective of the row player, R is the row matrix containing the probabilities for each of the row ...
5
votes
2answers
94 views

Question regarding technicalities in the paper Iterated Prisoner’s Dilemma contains strategies that dominate any evolutionary opponent

For people on this board I have a probably pretty modest question, but since I'm not a mathematician (just an economist), I'm having trouble. The full pdf can be found here: ...
1
vote
1answer
85 views

Reducing an infinitely large matrix to a finite matrix using domination

I'd very much appreciate it if anyone with any familiarity of game theory could help out a newbie. I came across the following problem doing homework in an introductory game theory course: ...