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2 edition of Grey game theory and its applications in economic decision-making found in the catalog.

Grey game theory and its applications in economic decision-making

Grey game theory and its applications in economic decision-making

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Published by CRC Press in Boca Raton .
Written in English

    Subjects:
  • Game theory,
  • Decision making,
  • System analysis

  • Edition Notes

    StatementZhigeng Fang ... [et al.].
    SeriesSystems evaluation, prediction, and decision-making series, Systems evaluation, prediction, and decision-making series
    ContributionsFang, Zhigeng, 1962-
    Classifications
    LC ClassificationsHB144 .G74 2010
    The Physical Object
    Paginationxxiii, 338 p. :
    Number of Pages338
    ID Numbers
    Open LibraryOL23961938M
    ISBN 101420087398
    ISBN 109781420087390
    LC Control Number2009024569

    Game theory is a study of strategic decision making. Specifically, it is "the study of mathematical models of conflict and cooperation between intelligent rational decision-makers".An alternative term suggested "as a more descriptive name for the discipline" is interactive decision theory is mainly used in economics, political science, and psychology, as well as logic, computer.


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Grey game theory and its applications in economic decision-making Download PDF EPUB FB2

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The book resolves three theoretical issues: A game equilibrium of grey game. Grey Game Theory and Its Applications in Economic Decision-Making - CRC Press Book To make the best decisions, you need the best information.

However, because most issues in game theory are grey, nearly all recent research has been carried out using a simplified method that considers grey systems as white ones. Grey Game Theory and Its Applications in Economic Decision-Making Pages pages To make the best decisions, you need the best information.

Grey game theory and its applications in economic decision-making book However, because most issues in game theory are grey, nearly all recent research has been carried out using a simplified method that considers grey systems as white by: 9. Grey Game Theory and Its Applications in Economic Decision‐Making.

Alex M. Andrew (Reading Kybernetes. ISSN: X. Publication date: 10 August Abstract. Keywords. Decision making; Game theory; A.M. (), "Grey Game Theory and Its Applications in Economic Decision‐Making", Kybernetes, Vol. 39 No. 7, pp. Author: Alex M.

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Establishes a grey matrix game model based on pure and mixed strategies. This work proposes the concepts of grey saddle points, grey mixed strategy solutions, and their corresponding structures and also puts forward the models and methods of risk measurement and evaluation of optimal grey strategies.

Grey Game Theory and Its Applications in Economic Decision Making introduces classic game theory into the realm of grey system theory with limited knowledge.

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GREY GAME THEORY AND ITS APPLICATIONS IN ECONOMIC DECISION-MAKING ZHIGENG FANG • SIFENG LIU HONGXINGSHI-YI LIN Lap) CRC Press ^^ J Taylor & Francis Croup Boca Raton London New York CRC Press is an imprint of the Taylor & Francis Croup, an Informa business AN AUERBACH BOOK.

Purchase Handbook of Game Theory with Economic Applications, Volume 2 - 1st Edition. Print Book & E-Book. ISBNBook Edition: 1. Game Theory, also known as Multiperson Decision Theory, is the analysis of situations in which the payoff of a decision maker depends not only on his own actions but also on those of others.

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Grey Game Theory and Its Applications in Economic Decision-Making by. Zhigeng Fang. Sifeng Liu,/5(4). While most books on the subject are too abstract or too basic for mathematicians, Game Theory: An Introduction, Second Edition offers a blend of theory and applications, allowing readers to use theory and software to create and analyze real-world decision-making models.

Game Theory and Applications outlines game theory and proves its validity by examining it alongside the neoclassical paradigm. This book contends that the neoclassical theory is the exceptional case, and that game theory may indeed be the rule.

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1 top cited book in the pandect of natural science by China National Knowledge Infrastructure (CNKI) in and has also been ranked as top 10 best-selling books of Electronics and Information field, top 10 most cited books in Economics, and the 8th edition is selected to the Series for High-Quality Books by Famous Scholars Born: J (age 64).

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Indeed, the folk theorem (Fudenberg and Maskin ) tells us that with sufficiently patient players, virtually anything is an equilibrium by:   While the seeds of game theory were planted as early as Plato, the field gained prominence in the s and s, thanks to the work of John von Neumann (who wrote Theory of Games and Economic Behavior) and John Nash (of A Beautiful Mind fame).

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Game theory and its applications in the social and biological sciences. 2d ed. London: Routledge. E-mail Citation» This monograph presents the basic ideas of game theory from a psychological perspective, reviews experimental evidence up to the mids, and discusses applications of game theory to voting, evolution of cooperation, and moral.

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