GameTheory(para.pptVIP

Game Theory(paragraph 1-3 ) Paragraph 1 Game theory is the science of strategy. Game theory is a method of studying strategic decision making. It attempts to determine mathematically and logically the actions that players should take to secure the best outcomes for themselves in a wide array of games. Outcome: result eg: Mr. Singh said he was pleased with the outcome... 辛格先生说他对这一结果感到满意。 words Array (of): 1. An array of different things or people is a large number or wide range of them. 2. An array of objects is a collection of them that is displayed or arranged in a particular way. We visited the local markets and saw wonderful arrays of fruit and vegetables. 我们去了当地的市场，看见了一排排摆放整齐的水果和蔬菜。 Paraphrase: It attempts to tell the “players” what actions should be taken to gain the best outcomes for themselves in kinds of “games” by the means of mathematics and logic. It attempts to determine mathematically and logically the actions that players should take to secure the best outcomes for themselves in a wide array of games. The games it studies range from chess to child rearing and from tennis to takeovers. But the games all share the common feature of interdependence. That is, the outcome for each participant depends upon the choices (strategies) of all. ? Rear: I was reared in east Texas. 我在得克萨斯州东部长大。 ? Other meanings: - the last person in a moving line of people - the part of your body that you sit on words In so-called zero-sum games the interests of the players conflict totally, so that one persons gain always is anothers loss. More typical are games with the potential for either mutual gain (positive sum) or mutual harm (negative sum), as well as some conflict. ? zero-sum games: a participants gain (or loss) is exactly balanced by the losses (or gains) of the other participant(s). If the total gains of the participants are added up, then the total losses are increased, which will sum to zero. Summary: This paragraph introduces us the concept of game the