Zero Sum Game

Zero Sum Game

Zero-Sum Game is the incredible inside story of how the world's largest and most diverse exchange came to be, how the creation of CME Group forever altered the landscape of the financial services industry, and what it all means for the ...

Author: Erika S. Olson

Publisher: John Wiley and Sons

ISBN: 9780470937044

Category: Business & Economics

Page: 272

View: 168

In 2007, a stranger-than-fiction multibillion-dollar bidding war for the Chicago Board of Trade (CBOT) erupted between the Chicago Mercantile Exchange (CME) and Atlanta’s IntercontinentalExchange (ICE). Zero-Sum Game: The Rise of the World’s Largest Derivatives Exchange takes readers behind the scenes of this battle to tell the gripping—and often comical—story of how the historic merger between CME and CBOT almost didn’t happen. Author Erika S. Olson, a managing director at CBOT during the bidding war, delivers a blow-by-blow account of the fight for the world’s oldest futures exchange, taking you inside CBOT’s landmark Chicago Loop headquarters, onto the high-octane trading floor, and into executives’ offices. Through the lens of the CME/CBOT deal, Zero-Sum Game: Introduces the colorful and outspoken personalities who call the shots in this close-knit and frequently misunderstood industry Details the reasons behind the recent, spectacular growth of a market that’s existed for over 160 years Explains how derivatives affect the lives of average consumers worldwide by influencing everything from interest rates on credit cards to the cost of a cheeseburger to the price of a gallon of gas Reveals the inner workings of futures exchanges, and differentiates the various types of derivatives that are routinely lumped together and vilified by the media Erika S. Olson is a former managing director of the Chicago Board of Trade and spent over ten years working in and consulting to the financial services industry. She received her MBA from Harvard Business School and her BBA from the University of Michigan Ross School of Business.
Categories: Business & Economics

Not a Zero Sum Game

Not a Zero Sum Game

Not a Zero-Sum Game The Paradox of Exchange MANUEL F. AYAU Mr. Ayau is
president emeritus of Universidad Francisco Marroquín in Guatemala A short
version of this essay, entitled “Property Rights and.

Author:

Publisher: Universidad F. Marroquín

ISBN: 9789992279991

Category: Economics

Page: 79

View: 239

Categories: Economics

Two person Zero sum Games

Two person Zero sum Games

There are so many possible hands that very little of the essence of the game will
be lost if each player is simply assigned a random number in the interval [0,1] for
a "hand". There is a tremendous conceptual simplification in doing this, even ...

Author: Alan R. Washburn

Publisher: INFORMS

ISBN: 9781877640193

Category: Game theory

Page: 125

View: 326

Categories: Game theory

Zero Sum Game

Zero Sum Game

That editor is Diana Gill, and her sharpness brought Zero Sum Game to a whole
new level. I am so appreciative of them and my whole team at Tor—the process
of bringing Zero Sum Game to the wider world has been the most marvelous of ...

Author: S. L. Huang

Publisher: Tor Books

ISBN: 9781250180261

Category: Fiction

Page: 352

View: 731

ZERO SUM GAME Best of Lists: * Best Books of the Month at The Verge, Book Riot, Unbound Worlds, SYFY, & Kirkus * The Mary Sue Book Club Pick * Library Journal Best Debuts of Fall and Winter A blockbuster, near-future science fiction thriller, S.L. Huang's Zero Sum Game introduces a math-genius mercenary who finds herself being manipulated by someone possessing unimaginable power... Cas Russell is good at math. Scary good. The vector calculus blazing through her head lets her smash through armed men twice her size and dodge every bullet in a gunfight, and she'll take any job for the right price. As far as Cas knows, she’s the only person around with a superpower...until she discovers someone with a power even more dangerous than her own. Someone who can reach directly into people’s minds and twist their brains into Moebius strips. Someone intent on becoming the world’s puppet master. Cas should run, like she usually does, but for once she's involved. There’s only one problem... She doesn’t know which of her thoughts are her own anymore. "Fresh and exciting... a great start to an exciting series--and an exciting career." --Boing Boing At the Publisher's request, this title is being sold without Digital Rights Management Software (DRM) applied.
Categories: Fiction

Breaking the Zero Sum Game

Breaking the Zero Sum Game

In some cases, as in that of the Arab Spring, the basic assumption mentality has
prevailed to the point where it has undermined the efforts to overcome the zero-
sum game power that has caused so much human suffering. In the case of the ...

Author: Aldo Boitano

Publisher: Emerald Group Publishing

ISBN: 9781787432376

Category: Business & Economics

Page: 560

View: 964

Escaping the win-lose dynamics of zero-sum game approaches is crucial for finding integrated, inclusive solutions to complex issues. This book uncovers real-life examples of inclusive leaders that have broken the zero-sum game, providing insights that help the reader develop their inclusive leadership skills.
Categories: Business & Economics

Typhon Pact Zero Sum Game

Typhon Pact  Zero Sum Game

Author: David Mack

Publisher: Simon and Schuster

ISBN: 9781471109638

Category: Fiction

Page: 352

View: 777

Aspy for the Typhon Pact -- a new political rival of the Federation -- has stolen the plans for Starfleet's latest technological advance: the slipstream drive. To stop the Typhon Pact from unlocking its secrets Starfleet Intelligence recruits a pair of genetically enhanced agents: Dr Julian Bashir, of station Deep Space 9, and Sarina Douglas, a woman whose talents Bashir helped to develop -- and for whom he has long harboured passionate feelings. Bashir and Douglas must infiltrate a world controlled by the mysterious species known as the Breen, find the hidden slipstream project, and destroy it. Meanwhile, light-years away, Captain Ezri Dax and her crew on the USS Aventineplay a dangerous gameof cat and mouse with a Typhon Pact fleet that stands between them and the safe retrieval of Bashir and Douglas from hostile territory...
Categories: Fiction

Two Person Zero Sum Games

Two Person Zero Sum Games

The idea of representing a game in this manner is often parsimonious and
natural. The Inspection Game is a prototype. Suppose that an Agent wishes to
carry out some action without being noticed by an Inspector. In any time period
the Agent ...

Author: Alan Washburn

Publisher: Springer Science & Business Media

ISBN: 9781461490500

Category: Business & Economics

Page: 199

View: 171

Two-person zero-sum game theory deals with situations that are perfectly competitive—there are exactly two decision makers for whom there is no possibility of cooperation or compromise. It is the most fundamental part of game theory, and the part most commonly applied. There are diverse applications to military battles, sports, parlor games, economics and politics. The theory was born in World War II, and has by now matured into a significant and tractable body of knowledge about competitive decision making. The advent of modern, powerful computers has enabled the solution of many games that were once beyond computational reach. Two-Person Zero-Sum Games, 4th Ed. offers an up-to-date introduction to the subject, especially its computational aspects. Any finite game can be solved by the brute force method of enumerating all possible strategies and then applying linear programming. The trouble is that many interesting games have far too many strategies to enumerate, even with the aid of computers. After introducing ideas, terminology, and the brute force method in the initial chapters, the rest of the book is devoted to classes of games that can be solved without enumerating every strategy. Numerous examples are given, as well as an extensive set of exercises. Many of the exercises are keyed to sheets of an included Excel workbook that can be freely downloaded from the SpringerExtras website. This new edition can be used as either a reference book or as a textbook.
Categories: Business & Economics

A First Course on Zero Sum Repeated Games

A First Course on Zero Sum Repeated Games

For each k in K, Gk is a two-person zero-sum game on /x7. In addition signalling
functions Ik defined on IxJ with value in some signal space Q are given. We
describe the associated repeated game F(p) by specifying the initial information
of the ...

Author: Sylvain Sorin

Publisher: Springer Science & Business Media

ISBN: 3540430288

Category: Business & Economics

Page: 204

View: 316

This volume aims to present the basic results in the theory of two-person zero-sum repeated games including stochastic games and repeated games with incomplete information. It is intended for graduate students with no previous knowledge of the field.
Categories: Business & Economics

Game Theory and Its Applications in the Social and Biological Sciences

Game Theory and Its Applications in the Social and Biological Sciences

4 Two - person zero - sum games 4.1 Strictly competitive games A zero - sum
game , as its name suggests , is one in which , whatever the outcome , the
payoffs to the players add up to zero , which means that what one player gains ,
the other ...

Author: Andrew M. Colman

Publisher: Psychology Press

ISBN: 0750623691

Category: Psychology

Page: 375

View: 678

A critical introduction to game theory and a survey of some of its major applications and associated experimental research. The first edition was titled Game Theory and Experimental Games: The Study of Strategic Interaction, and was published by Pergamon Press in 1982. The second edition is extensively revised, and updated to include significant or interesting theoretical developments and empirical research findings related to coordination games, social dilemmas, strategic aspects of evolutionary biology, framing effects, strategic voting, and other areas of research. Annotation copyright by Book News, Inc., Portland, OR
Categories: Psychology

Decision Analysis Location Models and Scheduling Problems

Decision Analysis  Location Models  and Scheduling Problems

Zero-Sum. Games. The class of games discussed in this chapter is one of the
best known and most easily solved games ... The "zero- sum" part of the name of
the game indicates that the sum of the payoffs to the two players equals zero.

Author: H. A. Eiselt

Publisher: Springer Science & Business Media

ISBN: 3540403388

Category: Business & Economics

Page: 457

View: 824

The book presents a unified treatment of decision analysis, location theory and scheduling, with topics ranging from multicriteria decision-making, multiattribute utility theory, classical decision analysis and game theory, to location and layout planning, and to project and machine scheduling. While the emphasis of the book is on models and applications, the most important methods and algorithms, exact as well as heuristic, are described in detail and illustrated by numerical examples. The formulations and the discussion of a large variety of models provide insight into their structures, allowing the user to better evaluate the solutions to the problems.
Categories: Business & Economics

Resolving International Disputes Through Super optimum Solutions

Resolving International Disputes Through Super optimum Solutions

A zero-sum game is one which generates solutions that favor one side or the
other, but not both; the gain of one is the loss of the other.2 There exists in these
games no form of 1 Karl Popper as cited by Michael Hechter, Principles of Group
 ...

Author: Stuart S. Nagel

Publisher: Nova Publishers

ISBN: 1560729449

Category: Social Science

Page: 323

View: 793

This book concerns resolving conflicts on an international level. The author states that for the purposes of this book, the dispute would have to be at the level of a war, revolution, or other dispute that involves substantial bloodshed on one or more sides, rather than a dispute that merely involves words, economic competition, or non-violent conflict. The SOS Resolution is a special kind of Win-Win dispute resolution where one where both or all sides come out ahead of even their best initial expectations simultaneously. The steps and strategies of this resolution are fully explained.
Categories: Social Science

Social Media Marketing

Social Media Marketing

ABSTRACT: The most basic game theory concept, the zero-sum game, describes
conditions in which each gain by one player produces an equal and
corresponding loss for the other. Zero-sum games have limited applicability to
marketing, ...

Author: Eric Anderson

Publisher: Springer Science & Business Media

ISBN: 3642132995

Category: Business & Economics

Page: 188

View: 304

Preface Social media marking has been heralded as a sea change in the market- consumer relationship, but its rapid growth and rabid following among m- keters has also produced a sea of confusion. Lacking any durable framework for understanding how, why, and on what terms the consumer relationship has changed under social media, marketers pursue new venues for their newness alone – with decidedly mixed results. This book finds a theoretical framework for social media marketing in the science of game theory, with its focus on adversarial but mutually dependent relationships. Originally developed to guide nuclear brinksmanship policy during the Cold War, game theory provides the foundation for an evoluti- ary view of social media marketing. Through fascinating game theory c- cepts like the Prisoner’s Dilemma, the Stag Hunt, Self-Command, and Job Market Signaling, this study uncovers the cooperative trends that brought marketing to its present state and points the way toward marketing’s future course. I. Der Drehbuchautor und seine Rechte VII VII Vorwort Contents Chapter 1: Surviving the Customer . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 1. 1 The Origins of Game Theory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 1. 2 Game Theory, the New Media, and the NEW New Media . . . . . . . . . 7 1. 3 The Payoff Matrix . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 Chapter 2: Zero-Sum Games in Traditional Marketing . . . . . . . . . . . . 13 2. 1 Zero-Sum Games and the Problem of Transparency . . . . . . . . . . . . . 14 2. 2 The Zero-Sum of Pricing Strategies. . . . . . . . . . . . . . . . . . . . . . . . . . 16 2. 3 The Wisdom of Randomization . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18 2. 4 Randomization and A/B Testing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 2. 5 The Hazards of Entrenchment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Categories: Business & Economics

Territorial Politics in Europe a Zero sum Game

Territorial Politics in Europe  a Zero sum Game

98/38 Beate KOHLER - KOCH Territorial Politics in Europe - A Zero - Sum Game
? La renaissance de la dimension territoriale en Europe : entre illusion et réalité
RSC No. 98/39 Michael KEATING Territorial Politics in Europe - A Zero - Sum ...

Author: Liesbet Hooghe

Publisher:

ISBN: STANFORD:36105070859272

Category: Capitalism

Page: 30

View: 631

Categories: Capitalism

Game Theory

Game Theory

In zero-sum games, players never benefit, and are sometimes hurt, by informing
their opponents of their strategy choice prior to the play of a game. However, in
nonzero-sum games, players may gain by announcing their strategy beforehand
 ...

Author: Frank C. Zagare

Publisher: SAGE

ISBN: 0803920504

Category: Social Science

Page: 96

View: 715

The concepts of game theory (rationality etc) now pervade much of social science, so that Professor Zagare's exposition of game theory and its applications (intended to "convert the unconverted and initiate the uninitiated") is very welcome. He provides methods for analysing the structure of the game; considers zero and nonzero-sum games and the fundamental 'minimax theorem'; and investigates games with more than two players, including the possibility of coalitions between players. Diverse examples give the reader an idea of how the theory can be applied to a wide range of situations.
Categories: Social Science

Major Power Relations in Northeast Asia Win Win or Zero Sum Game

Major Power Relations in Northeast Asia  Win Win or Zero Sum Game

Nihon Kokusai Koryu Senta David M. Lampton. MAJOR POWER RELATIONS IN
NORTHEAST ASIA Win - Win or Zero - Sum Game edited by David M . Lampton
JCIB Tokyo – Japan Center for International Exchange - New York DS 518 .

Author: Nihon Kokusai Koryu Senta

Publisher: Nihon Kokusai Koryu Center

ISBN: UOM:39015054375855

Category: Political Science

Page: 135

View: 522

Three countries--China, Japan, and the United States--and relations among them are likely to have a disproportionate impact on prospects for peace and prosperity in Asia Pacific in the twenty-first century. This volume contains essays by six experienced American analysts on different aspects of the trilateral relationship. The issues addressed include Chinese and American views of national security, the influence of Korea and Taiwan in China-Japan-U.S. relations, the U.S.-Japan security agreement and theater missile defense, the implications if China's entry into the World Trade Organization, and the relative risks of intra- and interstate conflict in Asia. An introduction by David M. Lampton situates these issues in the broader context of the trilateral relationship and highlights the importance of sustained dialogue among the three major actors.
Categories: Political Science

Game Theory and its Applications

Game Theory and its Applications

A zero-sum game, as its name suggests, is one in which, whatever the outcome,
the payoffs to the players add up to zero, which means that what one player gains
, the other(s) must necessarily lose. A constant-sum game is strategically ...

Author: Andrew M. Colman

Publisher: Psychology Press

ISBN: 9781134987566

Category: Business & Economics

Page: 392

View: 493

Andrew Coleman provides an accessible introduction to the fundamentals of mathematical gaming and other major applications in social psychology, decision theory, economics, politics, evolutionary biology, philosophy, operational research and sociology.
Categories: Business & Economics

Theoretical Advances and Applications of Fuzzy Logic and Soft Computing

Theoretical Advances and Applications of Fuzzy Logic and Soft Computing

An Algorithm to Solve Two-Person Non-zero Sum Fuzzy Games Wanessa
Amaral and Fernando Gomide Department of Computer Engineering and
Automation, Faculty of Electrical and Computer Engineering, State University of
Campinas, ...

Author: Oscar Castillo

Publisher: Springer Science & Business Media

ISBN: 9783540724346

Category: Mathematics

Page: 626

View: 480

This book comprises a selection of papers on theoretical advances and applications of fuzzy logic and soft computing from the IFSA 2007 World Congress, held in Cancun, Mexico, June 2007. These papers constitute an important contribution to the theory and applications of fuzzy logic and soft computing methodologies.
Categories: Mathematics

Search Games and Other Applications of Game Theory

Search Games and Other Applications of Game Theory

1.1 Zero-sum Games A two person zero-sum game is defined as a 3-tuple (X, Y,
M ) where X and Y are sets and M is real valued function defined on the
Cartesian product X x Y. The set X is called the set of admissible pure strategies
of player ...

Author: Andrey Garnaev

Publisher: Springer Science & Business Media

ISBN: 3540671951

Category: Business & Economics

Page: 150

View: 410

This book is on applications of game theory. The title of this book is not "Game Theory and its Applications" because it does not construct a general theory for considered games. The book contains a lot of examples of applica tion of game theory together with the background of those games considered and a list of unsolved problems. Also we consider only the game where the optimal strategies of the players are found in closed form. This book is an attempt to carryon the approach developed in nice books "Search Games" by Gal and "Geometric Games and their Applications" by Ruckle. The first chapter of this book supplies the required definitions and theorems from game theory. The second chapter deals with discrete search games where both players act simultaneously: the games of protection of a channel from infiltration of a submarine, the submarine versus helicopter game, the matrix search games and others. The third chapter considers the game where the players allocate their contin uous efforts. In these games players face up an alternative either not to come into contest if the cost of efforts seems too high, or come into it. In the last case the player have to decide how much resources they can afford to spend. The allocation models of search, antiballistic protection and marketing are investigated.
Categories: Business & Economics

The Strategy of Conflict

The Strategy of Conflict

RANDOMIZATION OF PROMISES AND THREATS In the theory of games of pure
conflict (zero-sum games) ... interest in game theory during the past one and one-
half decades.1 The essence of randomization in a two-person zero- sum game ...

Author: Thomas C. Schelling

Publisher: Harvard University Press

ISBN: 0674840313

Category: Political Science

Page: 309

View: 715

Analyzes the nature of international disagreements and conflict resolution in terms of game theory and non-zero-sum games.
Categories: Political Science