Games under Ambiguous Payoffs and Optimistic Attitudes
Author
Source
Journal of Applied Mathematics
Issue
Vol. 2014, Issue 2014 (31 Dec. 2014), pp.1-10, 10 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2014-02-06
Country of Publication
Egypt
No. of Pages
10
Main Subjects
Abstract EN
In real-life games, the consequence or payoff of a strategy profile and a player's belief about the consequence of a strategy profile are often ambiguous, and players may have different optimistic attitudes with respect to a strategy profile.
To handle this problem, this paper proposes a decision rule using the Hurwicz criterion and Dempster-Shafer theory.
Based on this rule, we introduce a new kind of games, called ambiguous games, and propose a solution concept that is appropriate for this sort of games.
Moreover, we also study how the beliefs regarding possible payoffs and optimistic attitudes may affect the solutions of such a game.
To illustrate our model, we provide an analysis of a scenario concerning allocating resource of defending and attacking in military contexts.
American Psychological Association (APA)
Xiong, Wei. 2014. Games under Ambiguous Payoffs and Optimistic Attitudes. Journal of Applied Mathematics،Vol. 2014, no. 2014, pp.1-10.
https://search.emarefa.net/detail/BIM-479217
Modern Language Association (MLA)
Xiong, Wei. Games under Ambiguous Payoffs and Optimistic Attitudes. Journal of Applied Mathematics No. 2014 (2014), pp.1-10.
https://search.emarefa.net/detail/BIM-479217
American Medical Association (AMA)
Xiong, Wei. Games under Ambiguous Payoffs and Optimistic Attitudes. Journal of Applied Mathematics. 2014. Vol. 2014, no. 2014, pp.1-10.
https://search.emarefa.net/detail/BIM-479217
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-479217