The event that occurs when agents in a game form an agreement about which strategies to implement?


Question: The event that occurs when agents in a game form an agreement about which strategies to implement?

In game theory, a branch of mathematics that studies strategic interactions, the event that occurs when agents in a game form an agreement about which strategies to implement is called a cooperative solution. A cooperative solution is a set of strategies, one for each agent, that satisfies some criteria of optimality or fairness. For example, a cooperative solution could be a Pareto optimal outcome, meaning that no agent can improve their payoff without making another agent worse off, or a Nash equilibrium, meaning that no agent has an incentive to deviate from their agreed strategy. Cooperative solutions are often contrasted with non-cooperative solutions, which are the outcomes that result from agents acting independently and selfishly, without any coordination or communication.


Disclaimer

All information provided on this site is generated by artificial intelligence. If you find any content objectionable or have concerns about the information provided, please feel free to comment or contact us directly.

Rjwala Rjwala is your freely Ai Social Learning Platform. here our team solve your academic problems daily.

0 Komentar

Post a Comment

let's start discussion

Iklan Atas Artikel

Iklan Tengah Artikel 1

Iklan Tengah Artikel 2

Latest Post