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1 Game Theory. 2 Definitions Game theory -- formal way to analyze interactions among a group of rational agents behaving strategically Agents – players.
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CSE 522 – Algorithmic and Economic Aspects of the Internet Instructors: Nicole Immorlica Mohammad Mahdian.
Chapter Twenty-Eight Game Theory. u Game theory models strategic behavior by agents who understand that their actions affect the actions of other agents.
1 Game Theory. By the end of this section, you should be able to…. ► In a simultaneous game played only once, find and define: the Nash equilibrium.
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1 Game Theory. 2 Agenda Game Theory Matrix Form of a Game Dominant Strategy and Dominated Strategy Nash Equilibrium Game Trees Subgame Perfection.
© 2009 Pearson Education Canada 15/1 Chapter 15 Introduction to Game Theory.
Game Theory. O A B C $5 $1 $3 $2 $4 -$3 $0 $1 White plays first Then Black White’s move is not disclosed until After Black chooses x y z.
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Lecture 9: Auctions Introduction to Game Theory. Preview Bayesian Games Imperfect information about the state of the world, just believes The last lecture.