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Policy and Decision Models: 1. Matrix Games/Normal Form

Lecturer: Cunningham, S.
Faculty:Technology, Policy and Management
Type:lecture
Date:2010-08-30
Duration:1:14:04
Keywords: games models · strategies · payoffs · game · matrix · normal form · strategic form
Rights: (c) Delft University of Technology

Abstract

EPA2142. Master Engineering and Policy Analysis. The course is a survey of models for analyzing and supporting design and decision-making in multi-actor settings. The simplest game models are 2x2 matrices. One player's strategies (options, choices) form the rows, the other player's strategies are the columns, and the cells display the payoffs resulting from the interplay of the strategies. These elements together constitute a "game". The matrix representation is often called "normal form" or "strategic form". This module includes several ways of analyzing or "solving" a game: dominance, saddle points, mixed strategies, and linear programming.

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