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Essay

bayes and game theories

Essay specific features

 

Issue:

Business

 

Written by:

Harry H

 

Date added:

January 7, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 318

 

Was viewed:

7321 times

 

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Essay content:

It is when the players do not know all the characteristics of the game. These unknown parameters are called types. The players who have not complete information have to maximize the expected value of their types once the distribution of the other players’ types is given. They have to maximize this expected value because they can not calculate it with precision since they don’t know some information about the game...
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They have to maximize this expected value because they can not calculate it with precision since they don’t know some information about the game. Bayes’ theory tries to solve these incomplete information games turning it into imperfect information ones. This imperfect information is given by probability...
displayed 300 characters

General issues of this essay:
How to Make Decisions Like Our Founding Father Game game The Game bayes and game theories Ethical Decisions ? How do we make the right ones? MotivationHow should organizations make decisions? Outsourcing and make-or-buy decisions The Right Game: Use Game Theory To Shape Strategy more than just a game Game Game X and Y Game Personality Traits and Life Satisfaction among Online Game Players vid game
 

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