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What is Game Theory?
Game theory is a subject which deals with the study of mathematical models and helps in making better decisions. This theory was developed by two scientists named John Von Neumann and John Nash. Although this theory was developed to study the various effects of steps taken in a game through mathematical models, but this theory is now proving itself very useful in many different fields.
The Game Theory assignment help service is going to explain to you all the uses and applications of this theory in computer science and many other logical subjects which relate to decision making.
Game Theory and its applications in Business Management and Economics
Previously various economic models were used to analyze the data and make decisions, but when the game theory came into existence, it brought the flaws of those economic models to light. The business managers have several options and choices which might result in a positive economic gain or negative economic loss. The game theory model is then applied to such problems to find the most optimal solution. In some cases, business managers might be confused whether to bring a newer version of the old product or adding a brand-new product to the production will be more beneficial and some cases the confusion might be about the cost of goods and services. Well, in some cases the game theory allows the economic experts to find the right decision on the basis of the expected outcome shown by the theory. The Game Theory assignment help service is also going to explain this topic with the examples of Nash Equilibrium and Prisoner's dilemma.
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Some of the interesting and diverse topics on which we have provided online game theory assignment help service to our contented customers are as follows:
- Nash Equilibrium Assignment Help
- Nash Equilibria in Mixed Strategies Assignment Help
- Prisoner's Dilemma Assignment Help
- Decision Theory Assignment Help
- General Equilibrium Theory Assignment Help
- Bayesian games and Bayesian equilibrium Assignment Help
- Bayesian games and mechanical design Assignment Help
- Stochastic Games Assignment Help
- Zero Sum Games Assignment Help
- Reputation effects Assignment Help
- Payoff-relevant strategies and Markov equilibrium Assignment Help
- Equilibrium refinements Assignment Help
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