Title :
Functional model for zero-sum game and its matrix solution concerning uncertain information
Author :
Fang, ZhiGeng ; Liu, Yuan ; Liu, Sifeng ; Chen, HongZhuan
Author_Institution :
Sci. Dev. Res. Center, Nanjing Univ. of Aeronaut. & Astronaut., Nanjing, China
Abstract :
A novel matrix solution is developed for the zero-sum game concerning uncertain information. Specifically, a new functional model for the game with grey information is introduced, which contains uncertain variables because of information shortage. Additionally, the matrix solution is designed for the functional model in which the players´ optimal probabilities of mixed strategies and optimal profits can be obtained by the matrix operation. Finally, the case of mobile phone market development is conducted to verify the effectiveness of the above method.
Keywords :
game theory; grey systems; marketing; matrix algebra; functional model; grey information; matrix solution; mixed strategies; mobile phone market development; optimal probabilities; optimal profits; uncertain information; uncertain variables; zero sum game; Equations; Games; Mathematical model; Nash equilibrium; Uncertainty; Vectors; functional model; matrix solution; uncertain information; zero-sum game;
Conference_Titel :
Systems, Man, and Cybernetics (SMC), 2012 IEEE International Conference on
Conference_Location :
Seoul
Print_ISBN :
978-1-4673-1713-9
Electronic_ISBN :
978-1-4673-1712-2
DOI :
10.1109/ICSMC.2012.6377670