Results 11 to 20 of about 6,194,156 (311)

Probability and nondeterminism in compositional game theory [PDF]

open access: yes, 2021
We substantially extend previous work in the emerging field of compositional game theory. We generalise work by Escardó and Oliva relating the selection monad to game theory.
Bolt, Josef Michael
core   +1 more source

Groundwater Usage and Strategic Complements: Part I (Instrumental Variables)

open access: yesGames, 2022
We test whether the decisions in a common-pool resource game are better modeled game-theoretically as strategic substitutes or complements using an individual-level dataset of groundwater usage that accounts for 3% of US irrigated agriculture. Based on a
Caleb M. Koch, Heinrich H. Nax
doaj   +1 more source

Compositional Game Theory [PDF]

open access: yesProceedings of the 33rd Annual ACM/IEEE Symposium on Logic in Computer Science, 2018
We introduce open games as a compositional foundation of economic game theory. A compositional approach potentially allows methods of game theory and theoretical computer science to be applied to large-scale economic models for which standard economic tools are not practical.
Ghani, Neil   +3 more
openaire   +5 more sources

Mean-Field-Type Model Predictive Control: An Application to Water Distribution Networks

open access: yesIEEE Access, 2019
In this paper, we study and design a mean-field-type model predictive control, which is a class of risk-aware control considering within the cost functional not only the mean but also the variance of both the system states and control inputs. We formally
Julian Barreiro-Gomez, Hamidou Tembine
doaj   +1 more source

Groundwater Usage and Strategic Complements: Part II (Revealed Preferences)

open access: yesGames, 2022
We investigate the strategic nature of farmers’ groundwater usage with a rich dataset from the American Midwest. We propose a new revealed preference test for the groundwater interaction as a dynamic game.
Caleb M. Koch, Heinrich H. Nax
doaj   +1 more source

Game Theory Relaunched [PDF]

open access: yes, 2013
The game is on. Do you know how to play? Game theory sets out to explore what can be said about making decisions which go beyond accepting the rules of a game. Since 1942, a well elaborated mathematical apparatus has been developed to do so; but there is

core   +1 more source

Measuring Social Value Orientation

open access: yesJudgment and Decision Making, 2011
Narrow self-interest is often used as a simplifying assumption when studying people making decisions in social contexts. Nonetheless, people exhibit a wide range of different motivations when choosing unilaterally among interdependent outcomes. Measuring
Ryan O. Murphy   +4 more
doaj   +1 more source

Blockchain Token Economics: A Mean-Field-Type Game Perspective

open access: yesIEEE Access, 2019
This paper studies the blockchain cryptographic tokens by means of mean-field-type game theory. It introduces the variance-aware utility function per decision-maker to capture the risk of cryptographic tokens associated with the uncertainties of ...
Julian Barreiro-Gomez, Hamidou Tembine
doaj   +1 more source

Characteristic Function and Time Consistency for Two-Stage Games with Network Externalities

open access: yesMathematics, 2020
Time consistency is a property of the solution to a cooperative dynamic game which guarantees that this solution remains stable with respect to its revision by players over time.
Artem Sedakov
doaj   +1 more source

Game Theory Solutions in Sensor-Based Human Activity Recognition: A Review [PDF]

open access: yesJournal of Artificial Intelligence and Data Mining, 2023
This paper provides a comprehensive review of the potential of game theory as a solution for sensor-based human activity recognition (HAR) challenges. Game theory is a mathematical framework that models interactions between multiple entities in various ...
Mohammad Hossein Shayesteh   +2 more
doaj   +1 more source

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