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lecture1 - CMSC 498T Game Theory 1 Introduction Dana Nau...

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Nau: Game Theory 1 Updated 9/19/11 CMSC 498T, Game Theory 1. Introduction Dana Nau University of Maryland
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Nau: Game Theory 2 Updated 9/19/11 What is Game Theory? Game theory is about interactions among agents (or players ) that are self-interested : Different agents have different preferences They like some outcomes more than others
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Nau: Game Theory 3 Updated 9/19/11 Some Fields where Game Theory is Used Economics, business Øඏ Markets, auctions Øඏ Economic predictions Øඏ Bargaining, fair division
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Nau: Game Theory 4 Updated 9/19/11 Some Fields where Game Theory is Used Government, politics, military Øඏ Negotiations Øඏ Voting systems Øඏ International relations Øඏ War Øඏ World War 1 army trench
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Nau: Game Theory 5 Updated 9/19/11 Some Fields where Game Theory is Used Biology, psychology, sociology Øඏ Population ratios, territoriality Øඏ Parasitism, symbiosis Øඏ Social behavior Øඏ
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Nau: Game Theory 6 Updated 9/19/11 Some Fields where Game Theory is Used Engineering, computer science Øඏ Game programs Øඏ Computer and communication networks Øඏ Road networks Øඏ
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Nau: Game Theory 7 Updated 9/19/11 Example: Let’s Play a Game I need two volunteers to play a short game Øඏ Preferably two people who don’t know each other Øඏ You’ll have a chance to get some chocolate
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Nau: Game Theory 8 Updated 9/19/11 Example: Let’s Play a Game I need two volunteers to play a short game Øඏ Preferably two people who don’t know each other Øඏ You’ll have a chance to get some chocolate Come to the front of the room Øඏ Face opposite directions, don’t talk to each other You may choose one of two actions Don’t let the other player know which one, until I say so
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Nau: Game Theory 9 Updated 9/19/11 Example: Let’s Play a Game I need two volunteers to play a short game Øඏ Preferably two people who don’t know each other Øඏ You’ll have a chance to get some chocolate Come to the front of the room Øඏ Face opposite directions, don’t talk to each other You may choose one of two actions Don’t let the other player know which one, until I say so The Chocolate Dilemma * Øඏ Take 1 piece of chocolate, and you may keep it Øඏ Take 3 pieces of chocolate, and they’ll go to the other player __________ * http://theoryclass.wordpress.com/2010/03/05/the-chocolate-dilemma/
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Nau: Game Theory 10 Updated 9/19/11 Please go to http://www.surveymonkey.com/s/RYLDSRX and tell which Chocolate Dilemma action you would choose in each of these situations: Øඏ The other player is a stranger whom you'll never meet again. Øඏ The other player is an enemy. Øඏ The other player is a friend. Øඏ The other player is a computer program instead of a human.
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