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In this paper I present a description of the theory of impulse balance. This theory predicts a mixed strategy for every player in an arbitrary n-person game in normal form. However, this mixed strategy is not interpreted as the result of a process of rational deliberation, but rather the behavioral distribution of pure strategies in a long section of a supergame of the normal form game. In a business problem not directly treatable by impulse balance the theory can be applied nevertheless with the help of an additional criterion 70% correct long term predictions of the future distribution of decision behavior were obtained in the evaluation of first experiements.
Autorius: | Reinhard Selten |
Leidėjas: | BoD - Books on Demand |
Išleidimo metai: | 2015 |
Knygos puslapių skaičius: | 20 |
ISBN-10: | 3734785286 |
ISBN-13: | 9783734785283 |
Formatas: | 297 x 210 x 2 mm. Knyga minkštu viršeliu |
Kalba: | Anglų |
Parašykite atsiliepimą apie „Impulse Balance Theory and its Extension by an Additional Criterion“