The Economic Application of Game Theory on the Case of Least Development Countries (LDCs)

Kód výsledku v IS VaVaI

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Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

The Economic Application of Game Theory on the Case of Least Development Countries (LDCs)

Popis výsledku v původním jazyce

Game theory is a mathematical discipline that studies the choice strategies by interacting rational participants. The basis of the game theory analysis is to determine which strategy is the best response to the strategies chosen by the other participants. Game theory is a scientific metaphor, it's not only about finding a strategy in mere games but also in other areas of human activity, particularly in economics and defence, and in transport, agriculture ect. There are many variants of game theory: a game with two or more participants, with zero or non-zero sum, with perfect or imperfect information, with dominant strategy equilibrium or Nash equilibrium. In some games, one participant always wins and the other loses, in another ones both of them can get. The paper aims at the game theory application in international relations, the possibility of applying the above-mentioned groups of games in trade policy and international economics is analyzed, emphasizing the group of the Least Deve

Název v anglickém jazyce

The Economic Application of Game Theory on the Case of Least Development Countries (LDCs)

Popis výsledku anglicky

Game theory is a mathematical discipline that studies the choice strategies by interacting rational participants. The basis of the game theory analysis is to determine which strategy is the best response to the strategies chosen by the other participants. Game theory is a scientific metaphor, it's not only about finding a strategy in mere games but also in other areas of human activity, particularly in economics and defence, and in transport, agriculture ect. There are many variants of game theory: a game with two or more participants, with zero or non-zero sum, with perfect or imperfect information, with dominant strategy equilibrium or Nash equilibrium. In some games, one participant always wins and the other loses, in another ones both of them can get. The paper aims at the game theory application in international relations, the possibility of applying the above-mentioned groups of games in trade policy and international economics is analyzed, emphasizing the group of the Least Deve

Druh

D - Stať ve sborníku

CEP obor

AH - Ekonomie

OECD FORD obor

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Projekt

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Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2011

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

PROCEEDINGS OF THE 29TH INTERNATIONAL CONFERENCE ON MATHEMATICAL METHODS IN ECONOMICS 2011, PTS I AND II

ISBN

978-80-7431-058-4

ISSN

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e-ISSN

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Počet stran výsledku

7

Strana od-do

455-461

Název nakladatele

PROFESSIONAL PUBLISHING

Místo vydání

Praha

Místo konání akce

Jánksá Dolina, SR

Datum konání akce

1. 1. 2011

Typ akce podle státní příslušnosti

EUR - Evropská akce

Kód UT WoS článku

000309074600075