Name: Updating Optimal Decisions Using Game Theory and Exploring Risk Behavior through Response Surface Methodology (en Inglés)
Price: 67.19 USD
Availability: InStock
Author: Jordan, Jeremy D.
ISBN: 9781288302666

portada Updating Optimal Decisions Using Game Theory and Exploring Risk Behavior through Response Surface Methodology (en Inglés)

Formato

Libro Físico

Autor

Jeremy D. Jordan

Editorial

Biblioscholar

Idioma

Inglés

N° páginas

160

Encuadernación

Tapa Blanda

Dimensiones

24.6 x 18.9 x 0.9 cm

Peso

0.30 kg.

ISBN13

9781288302666

Categorías

Educación

Updating Optimal Decisions Using Game Theory and Exploring Risk Behavior through Response Surface Methodology (en Inglés)

Jeremy D. Jordan (Autor) · Biblioscholar · Tapa Blanda

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Origen: Estados Unidos (Costos de importación incluídos en el precio)

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Reseña del libro "Updating Optimal Decisions Using Game Theory and Exploring Risk Behavior through Response Surface Methodology (en Inglés)"

This thesis utilizes game theory within a framework for updating optimal decisions based on new information as it becomes available. Methodology is developed that allows a decision maker to change his perceived optimal policy based on available knowledge of the opponents strategy, where the opponent is a rational decision maker or a random component nature. Utility theory is applied to account for the different risk preferences of the decision makers. Furthermore, response surface methodology is used to explore good risk strategies for the decision maker to approach each situation with. The techniques are applied to a combat scenario, a football game, and a terrorist resource allocation problem, providing a decision maker with the best possible strategy given the information available to him. The results are intuitive and exemplify the benefits of using the methods.