The voice within

  Hi Readers, I'm just sharing one my interests and the subject I enjoyed the most during my studies back in 2010-11.   Game Theory and its Myriad Applications A brief background on Game theory at Suny Stonybrook and the game theory summer festivals held there every year by nobel laurets. Game theory is a subject which has a lot of mathematics. A basic introduction to Game theory was made with a brief description of   the history of game theory. It started officially in the 1950s with Von Neumann and Morgenstern. Game theory can be classified into two groups, co-operative and non-co-operative where non-co-operative is self-enforcing agreement. Game Theory is used in real life situations as well. Why social phenomena’s happen? The use of zero sum game like chess is a finite game and is a proof of the Zermelo’s theorem (1937). Why do gas stations locate close to each other? Gas stations are highly clustered as competing firms prefer to stay close. It’s a rational deci...