On mathematical strategame theory
Game Theory is the process of transcribing the process of decision making into a game-like situation to facilitate easier analysis and thus, be able to provide sound strategies that leads to optimum benefits. Widely used in the analysis of the fields of economics, politics and militaristic op...
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| Format: | Conference or Workshop Item |
| Language: | English |
| Published: |
2011
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| Online Access: | https://hdl.handle.net/10356/93976 http://hdl.handle.net/10220/7176 |
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| Institution: | Nanyang Technological University |
| Language: | English |
| Summary: | Game Theory is the process of transcribing the process of decision making into a game-like situation to facilitate easier
analysis and thus, be able to provide sound strategies that leads to optimum benefits. Widely used in the analysis of the fields of economics, politics and militaristic operations, Game Theory has evolved to become a good gauge as to what decisions lead to the better results. Unfortunately, Game Theory falls to mimic real-life situations in which outcomes are rarely certain and the transparency of the outcome itself might be shrouded by deceptions and false appearances that ensnare the decision maker. The paper aims to study and develop Mathematical Strategame Theory. The theory is a modified and more general version of Game Theory in order to better mimic and model real-life scenarios to the extent that effective decisions could be derived from analyzing the model itself. Specifically, we are trying to adapt the Chinese 36 Stratagems into a general Game Theory algorithm ready for application into any given scenario. |
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