Game Theory II - John Forbes Nash & John Von Neumann

As time goes on, but maybe his mind during the act of bringing the idea to express itself.

Better games von Neumann (John Von Neumann) as the source from which it started to be called game theory. Clearly von Neumann developed the modern theory of games with paper began in 1928, but has much deeper roots game theory.

Game theory as a branch of modern mathematics is relatively simple combination of two ideas.

The first idea, gain (a measure of what you want) and the second idea, strategy (how to get what you want) is.

Good measure to assess the value or priority. This idea has a long history and complex philosophical theory known as a profit-oriented. One of the most famous exponents of the idea of Jeremy Bentham (Jeremy Bentham) English social philosopher and scholar was right. Bentham wrote in 1780: "Everything is the feature through which you wish to gain profit, pleasure, or joy is caused by the event, evil, pain, loss, or failure to prevent happiness."

Obviously, in all areas of interest can not be quantitatively measured and reviewed. For example, happiness can not be calculated simply. Nevertheless the economic benefit can be expressed quantitatively as a function of the beneficial interest. Your problem is often defined benefit, not select the most appropriate strategy for it. Game theory can calculate which strategy is best.

The method of finding the best strategy in the next chapter, we will discuss.

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