In game theory, a solution concept is a formal rule for predicting how a game will be played. These predictions are called "solutions", and describe which...
12 KB (1,626 words) - 15:51, 13 March 2024
viscosity solution concept was introduced in the early 1980s by Pierre-Louis Lions and Michael G. Crandall as a generalization of the classical concept of what...
16 KB (2,597 words) - 23:46, 4 May 2025
seen to be the solution of MOLP. This type of solution concept is called decision set based. It is not compatible with an optimal solution of a linear program...
7 KB (1,003 words) - 10:09, 11 January 2024
Cooperative game theory (redirect from Von Neumann-Morgenstern solution)
{\displaystyle S} . Subgames are useful because they allow us to apply solution concepts defined for the grand coalition on smaller coalitions. Characteristic...
41 KB (5,879 words) - 18:03, 11 May 2025
Nash equilibrium (category Game theory equilibrium concepts)
In game theory, the Nash equilibrium is the most commonly used solution concept for non-cooperative games. A Nash equilibrium is a situation where no player...
60 KB (8,788 words) - 08:31, 31 May 2025
Bayes correlated equilibrium (category Game theory equilibrium concepts)
solution concept for static games of incomplete information. It is both a generalization of the correlated equilibrium perfect information solution concept...
8 KB (1,471 words) - 21:15, 28 May 2025
Rubinstein bargaining model (section Solution)
interests but mutual incentives to reach an agreement. The original solution concept was introduced by Ariel Rubinstein in his seminal 1982 paper. Prior...
7 KB (988 words) - 15:43, 24 May 2025
Rationalizability is a solution concept in game theory. It is the most permissive possible solution concept that still requires both players to be at least...
15 KB (2,010 words) - 23:29, 31 May 2025
In cooperative game theory, the Shapley value is a method (solution concept) for fairly distributing the total gains or costs among a group of players...
30 KB (4,875 words) - 11:47, 25 May 2025
most famous contribution to game theory is the concept of the Nash equilibrium, which is a solution concept for non-cooperative games, published in 1951...
138 KB (15,399 words) - 04:00, 19 May 2025
Vector optimization (section Solution concepts)
minimizer is a minimizer. And every minimizer is a weak minimizer. Modern solution concepts not only consists of minimality notions but also take into account...
3 KB (433 words) - 18:31, 30 May 2025
A concept is an abstract idea that serves as a foundation for more concrete principles, thoughts, and beliefs. Concepts play an important role in all...
37 KB (4,725 words) - 08:17, 14 May 2025
programming languages as a "not equal to" operator Nash equilibrium, a solution concept in game theory Neon, symbol Ne, a chemical element Norepinephrine,...
3 KB (369 words) - 19:03, 6 September 2024
information set belong to the subgame. It is a notion used in the solution concept of subgame perfect Nash equilibrium, a refinement of the Nash equilibrium...
4 KB (668 words) - 20:45, 28 October 2023
Subgame perfect equilibrium (category Game theory equilibrium concepts)
inconsistency Glossary of game theory Minimax theorem Retrograde analysis Solution concept Bellman's principle of optimality Osborne, M. J. (2004). An Introduction...
11 KB (1,463 words) - 04:32, 11 May 2025
M equilibrium (category Game theory equilibrium concepts)
M equilibrium is a set valued solution concept in game theory that relaxes the rational choice assumptions of perfect maximization ("no mistakes") and...
7 KB (973 words) - 23:27, 9 September 2024
Revelation principle (section Finding solutions)
it is possible to design a system that encourages honesty given a solution concept (if the corresponding equilibrium is unique). The idea behind the revelation...
9 KB (1,241 words) - 09:30, 18 March 2025
Mertens-stable equilibrium (category Game theory equilibrium concepts)
In game theory, Mertens stability is a solution concept used to predict the outcome of a non-cooperative game. A tentative definition of stability was...
12 KB (1,632 words) - 17:20, 10 November 2024
a solution concept in cooperative game theory. It is a generalization of the Shapley value to communication games on networks. The solution concept and...
8 KB (1,147 words) - 06:54, 26 May 2025
Hedonic game (section Solution concepts)
theory, the outcomes of hedonic games are evaluated using solution concepts. Many of these concepts refer to a notion of game-theoretic stability: an outcome...
28 KB (3,901 words) - 01:19, 9 March 2025
for a two-state solution. Public support among Israelis and Palestinians (measured separately) for "the concept of the two-state solution" have varied between...
98 KB (9,726 words) - 03:17, 2 June 2025
technical proof of concept that touches all of the technologies in a solution. By contrast, a 'proof of technology' aims to determine the solution to some technical...
16 KB (2,129 words) - 11:35, 24 March 2025
Evolutionarily stable strategy (category Game theory equilibrium concepts)
human biological evolution. The Nash equilibrium is the traditional solution concept in game theory. It depends on the cognitive abilities of the players...
25 KB (2,935 words) - 15:30, 28 April 2025
Quantal response equilibrium (category Game theory equilibrium concepts)
Quantal response equilibrium (QRE) is a solution concept in game theory. First introduced by Richard McKelvey and Thomas Palfrey, it provides an equilibrium...
9 KB (1,129 words) - 23:07, 17 May 2025
Perfect Bayesian equilibrium (category Game theory equilibrium concepts)
(PBE) is a solution with Bayesian probability to a turn-based game with incomplete information. More specifically, it is an equilibrium concept that uses...
16 KB (2,564 words) - 22:29, 18 September 2024
in game theory, a solution concept that is more general than Nash equilibrium Equilibrium point, in mathematics, a constant solution to a differential...
11 KB (903 words) - 10:44, 24 March 2025
Cursed equilibrium (category Game theory equilibrium concepts)
In game theory, a cursed equilibrium is a solution concept for static games of incomplete information. It is a generalization of the usual Bayesian Nash...
7 KB (1,383 words) - 15:10, 2 March 2025
exist in equal quantities (such as in a 50% ethanol, 50% water solution), the concepts of "solute" and "solvent" become less relevant, but the substance...
10 KB (1,290 words) - 23:34, 15 December 2024
refinements of Nash equilibrium (see solution concept). In cooperative game theory he contributed to the solution concepts called the core and the Shapley...
30 KB (3,861 words) - 03:38, 2 June 2025
In mathematics, a fundamental solution for a linear partial differential operator L is a formulation in the language of distribution theory of the older...
8 KB (1,241 words) - 10:05, 26 April 2025