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Summary of Presh Talwalkar's The Joy of Game Theory

2022-03-13T22:59:00Z Mathematics
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Release : 2022-03-13T22:59:00Z
Genre : Mathematics
Kind : eBook
Book Rating : 915/5 ( reviews)

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Book Synopsis Summary of Presh Talwalkar's The Joy of Game Theory by : Everest Media,

Download or read book Summary of Presh Talwalkar's The Joy of Game Theory written by Everest Media,. This book was released on 2022-03-13T22:59:00Z. Available in PDF, EPUB and Kindle. Book excerpt: Please note: This is a companion version & not the original book. Sample Book Insights: #1 There are hundreds of gas stations around San Francisco in the California Bay Area. They are highly clustered, and this is partly due to population clustering. The phenomenon is also explained by a simple game about location competition. #2 There are two players in this game: a hot dog stand and a beach. The beach is a straight shoreline, in which customers are uniformly spread out. The beach is represented by a number line ranging from -1 at one endpoint to 1 at the other. #3 You can approach the game of business by ignoring the competition. Assume you are the only hot dog stand on a beach. Where would you want to locate. The answer is simple: any place you want. You are a monopolist, and customers will have to walk to you no matter where you are. #4 The logic behind game theory is that if either hot dog stand chooses the center point, the other will want to copy since it is better to split the market than end up on one side that yields less than half the market.

Summary of Presh Talwalkar's The Joy of Game Theory

2022-04-21 Mathematics
Download Summary of Presh Talwalkar's The Joy of Game Theory PDF Online Free

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Release : 2022-04-21
Genre : Mathematics
Kind : eBook
Book Rating : /5 ( reviews)

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Book Synopsis Summary of Presh Talwalkar's The Joy of Game Theory by : Milkyway Media

Download or read book Summary of Presh Talwalkar's The Joy of Game Theory written by Milkyway Media. This book was released on 2022-04-21. Available in PDF, EPUB and Kindle. Book excerpt: Please note: This is a companion version & not the original book. Book Preview: #1 There are hundreds of gas stations around San Francisco in the California Bay Area. They are highly clustered, and this is partly due to population clustering. The phenomenon is also explained by a simple game about location competition. #2 There are two players in this game: a hot dog stand and a beach. The beach is a straight shoreline, in which customers are uniformly spread out. The beach is represented by a number line ranging from 1 at one endpoint to 1 at the other. #3 You can approach the game of business by ignoring the competition. Assume you are the only hot dog stand on a beach. Where would you want to locate. The answer is simple: any place you want. You are a monopolist, and customers will have to walk to you no matter where you are. #4 The logic behind game theory is that if either hot dog stand chooses the center point, the other will want to copy since it is better to split the market than end up on one side that yields less than half the market.

The Joy of Game Theory

2014-08-08 Game theory
Download The Joy of Game Theory PDF Online Free

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Release : 2014-08-08
Genre : Game theory
Kind : eBook
Book Rating : 446/5 ( reviews)

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Book Synopsis The Joy of Game Theory by : Presh Talwalkar

Download or read book The Joy of Game Theory written by Presh Talwalkar. This book was released on 2014-08-08. Available in PDF, EPUB and Kindle. Book excerpt: This book is a selection of the best articles from Game Theory Tuesdays, a column from the blog Mind Your Decisions. Articles from Game Theory Tuesdays have been referenced in The Freakonomics Blog, Yahoo Finance, and CNN.com.Game theory is the study of interactive decision making--that is, in situations where each person's action affects the outcome for the whole group. Game theory is a beautiful subject and this book will teach you how to understand the theory and practically implement solutions through a series of stories and the aid of over 30 illustrations.This book has two primary objectives.(1) To help you recognize strategic games, like the Prisoner's Dilemma, Bertrand Duopoly, Hotelling's Game, the Game of Chicken, and Mutually Assured Destruction.(2) To show you how to make better decisions and change the game, a powerful concept that can transform no-win situations into mutually beneficial outcomes. You'll learn how to negotiate better by making your threats credible, sometimes limiting options or burning bridges, and thinking about new ways to create better outcomes.As these goals indicate, game theory is about more than board games and gambling. It all seems so simple, and yet that definition belies the complexity of game theory. While it may only take seconds to get a sense of game theory, it takes a lifetime to appreciate and master it. This book will get you started.

Rock, Paper, Scissors

2008-11-04 Science
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Release : 2008-11-04
Genre : Science
Kind : eBook
Book Rating : 938/5 ( reviews)

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Book Synopsis Rock, Paper, Scissors by : Len Fisher

Download or read book Rock, Paper, Scissors written by Len Fisher. This book was released on 2008-11-04. Available in PDF, EPUB and Kindle. Book excerpt: Praised by Entertainment Weekly as “the man who put the fizz into physics,” Dr. Len Fisher turns his attention to the science of cooperation in his lively and thought-provoking book. Fisher shows how the modern science of game theory has helped biologists to understand the evolution of cooperation in nature, and investigates how we might apply those lessons to our own society. In a series of experiments that take him from the polite confines of an English dinner party to crowded supermarkets, congested Indian roads, and the wilds of outback Australia, not to mention baseball strategies and the intricacies of quantum mechanics, Fisher sheds light on the problem of global cooperation. The outcomes are sometimes hilarious, sometimes alarming, but always revealing. A witty romp through a serious science, Rock, Paper, Scissors will both teach and delight anyone interested in what it what it takes to get people to work together.

Introducing Game Theory

2017-03-02 Mathematics
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Release : 2017-03-02
Genre : Mathematics
Kind : eBook
Book Rating : 832/5 ( reviews)

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Book Synopsis Introducing Game Theory by : Ivan Pastine

Download or read book Introducing Game Theory written by Ivan Pastine. This book was released on 2017-03-02. Available in PDF, EPUB and Kindle. Book excerpt: When should you adopt an aggressive business strategy? How do we make decisions when we don't have all the information? What makes international environmental cooperation possible? Game theory is the study of how we make a decision when the outcome of our moves depends on the decisions of someone else. Economists Ivan and Tuvana Pastine explain why, in these situations, we sometimes cooperate, sometimes clash, and sometimes act in a way that seems completely random. Stylishly brought to life by award-winning cartoonist Tom Humberstone, Game Theory will help readers understand behaviour in everything from our social lives to business, global politics to evolutionary biology. It provides a thrilling new perspective on the world we live in.

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