Impulse Balance Theory and its Extension by an Additional Criterion / Najlacnejšie knihy
Impulse Balance Theory and its Extension by an Additional Criterion

Kod: 09289453

Impulse Balance Theory and its Extension by an Additional Criterion

Autor Reinhard (Universitat Bonn) Selten

In this paper I present a description of the theory of impulse Balance. This theory predicts a mixed strategy for every player in an arbitrary n-person game in normal form. However this mixed strategy is not interpreted as the res ... więcej

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Opis

In this paper I present a description of the theory of impulse Balance. This theory predicts a mixed strategy for every player in an arbitrary n-person game in normal form. However this mixed strategy is not interpreted as the result of a process of rational deliberation, but rather the behavioral distribution of pure strategies in a long section of a supergame of the normal form game.§In a business problem not directly treatable by impulse balance the theory can be applied never the less with the help of an additional criterion 70% correct long term predictions of the future distribution of decision behavior were obtained.

Szczegóły książki

Kategoria Książki po angielsku Economics, finance, business & management Economics

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