prisoner's dilemma
121Sequential game — In game theory, a sequential game is a game where one player chooses his action before the others choose theirs. Importantly, the later players must have some information of the first s choice, otherwise the difference in time would have no… …
122El Farol Bar problem — El Farol in Santa Fe The El Farol bar problem is a problem in game theory. Based on a bar in Santa Fe, New Mexico, it was created in 1994 by W. Brian Arthur. The problem is as follows: There is a particular …
123Moving-knife procedure — In the mathematics of social science, and especially game theory, a moving knife procedure is a type of solution to the fair division problem. The canonical example is the division of a cake using a knife.[1] The simplest example is a moving… …
124Spite — This page is about spite in the context of fair division, a branch of theoretical economics. The word is also used in psychology and in the study of social evolution. For articles with similar names, see Spite (disambiguation). In fair division… …
125Golden Balls — This article is about the British game show. Golden Balls is also an informal nickname for English footballer David Beckham and an alternative name for the film Huevos de oro. Golden Balls Limited licensed their name to Endemol UK for the game… …
126Opportunism — Opportunity Seized, Opportunity Missed. Engraving by Theodoor Galle, 1605. Contents 1 General definition …
127Austrian Business Cycle Theory — The Austrian business cycle theory is the Austrian School s explanation of the phenomenon of business cycles (or credit cycles ). Austrian economists assert that inherently damaging and ineffective central bank policies are the predominant cause… …
128Move by nature — fig.1, A game beginning with a move by nature In game theory a move by nature is a decision or move in an extensive form game made by a player who has no strategic interests in the outcome. The effect is to add a player, Nature whose practical… …
