2011年6月6日星期一

Game theory -- 6th June 2011

wherever we go, there will be a co-operation exist within number of ppl greater than one.
in the game theory,

co-operation involves

1) partners

2) competitors

and each one is inter-dependence in the co-operation

and  thinking the outcome of negotiation as a joint of action

controversially, the non-cooperative frame work treats all of the agents' actions as individual actions.

bear in mind, the conflict and co-operation are over-lap



there are three major tensions:

1) the conflict between individual and group interests
2) strategic uncertainty
3) the specter of inefficient co-ordination