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日期:2025-04-29
von Neumann–Morgenstern utility function, an extension of the theory of consumer preferences that incorporates a theory of behaviour toward risk variance. It was put forth by John von Neumann and Oskar Morgenstern in Theory of Games and Economic Behavior ...
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日期:2025-05-01
行動版 - Types of utilitarianism[show]. Preference · Rule · Act ... Utility functions are also related to risk measures, with the most common example being the entropic risk measure.There has been ......
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日期:2025-05-01
Game theory is the study of the ways in which interacting choices of economic agents produce outcomes with respect to the preferences (or utilities) of those agents, where ... Now let f1, f2, f3 represent the probabilities with which the fugitive chooses ...
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日期:2025-04-29
2 EXAMPLE 1 { A FAIR GAME 3 2 Example 1 { A Fair Game As a rst example, consider an investor with a square root utility function: U(w) = p w= w0:5 Note that : U0(w) = 0:5w 0:5 >0 U00(w) = 0:25w 1:5...
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日期:2025-04-28
Economic and Game Theory What is Game Theory? by David K. Levine, Department of Economics, UCLA top |general | research | classes | links | David "You treat world history as a mathematician does mathematics, in which nothing but laws and formulae exist, n...
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日期:2025-04-29
GAME THEORY Thomas S. Ferguson Part II. Two-Person Zero-Sum Games 1. The Strategic Form of a Game. 1.1 Strategic Form. 1.2 Example: Odd or Even. 1.3 Pure Strategies and Mixed Strategies. 1.4 The Minimax Theorem. 1.5 Exercises. 2. Matrix Games....
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日期:2025-04-27
Guillermo Owen (1982) Game Theory 2nd Edition, Academic Press. Christos H. Papadimitriou and Kenneth Steiglitz (1982)Combinatorial Optimization,re-printed (1998), Dover Publications Inc., New York. Alvin E. Roth and Marilda A. Oliveira Sotomayor (1990)Two...
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日期:2025-04-24
Game theory is the systematic study of interdependent rational choice. It should be distinguished from decision theory, the systematic study of individual (practical and ... Mirror Sites View this site from another server:...