Teacher resources and professional development across the curriculum
Teacher professional development and classroom resources across the curriculum
When no player has anything to gain by switching strategies, an equilibrium is reached.
Game theory is the mathematical study of social interactions as games that have payoffs for the players.
Hawks and Doves is a classic game that serves as a rudimentary model for the evolution of cooperative and aggressive behavior in animal populations.
In a zero-sum game, the best strategy is the one that minimizes the greatest potential loss.
This is a way to collect and analyze all possible strategies and results in a game.
The Prisoner's Dilemma is a classic example of a non-zero-sum game. Briefly, two criminals are apprehended and must decide whether or not to betray the other. They are not allowed to communicate with each other. Some outcomes of the game are demonstrably better for both players than other outcomes.
This game seeks to model how resources are divided among people.
The ultimatum game is sometimes used by anthropologists to measure what cultures consider to be "fair." In the game, one person is given a sum of money to share with another person. The second person can elect to accept or reject the offer. If the offer is rejected, no one gets any money.
Zero-sum games are games in which one player's loss is exactly equal to another player's gain.