Game theory

predictions. The experiment also revealed three types of behavior. Some play like ‘gamesmen’ who understand the strategic nature of the game and play accordingly. Others seem confused and randomize their decisions, while a substantial number of players adapt their behavior to earlier…

For Gramsci and Cox, Western Europe can be described in terms of Gramsci’s ‘War of Position’ as, in theory civil society had an assumed stake in the polity and therefore have the power to resist the state (Gramsci in Cox, 1981). In contrast, the Soviet Union after the 1917 Russian Revolution represents a ‘War of Movement’, as this was a war where there…

Case Study Introduction The following case study is of a child’s interaction with an inquiry based activity. The children will be able to connect with some key concepts of physical science. The outcomes are linked to the Australian Curriculum, Science/Year 2/Science understanding/physical sciences/ACSSU033 (Australian Curriculum, Assessment and Reporting Authority [ACARA], 2014). The activity is designed to promote children’s hands-on and mind-on skills, by applying their prior knowledge and…

As we continue to speculate the plausibility of superhuman AI, some have become concerned about our future regarding such technologically advanced entities. Their concerns are chiefly of two forms. Some concerns are regarding the possibility of AI systems achieving goals or exhibiting behaviors that are much different than what the designer originally purported. This may happen perhaps due to our inability to understand the technical issues involving complex systems, resulting in design errors.…

How would interaction be a benefiting concept in life, when it is no longer practiced? The lack of communication between people among themselves, because of the Internet and social media, is an unnoticed life-affecting problem. Children 13 years of age and younger should not be allowed to use social media for the fact that it may provoke (short and long term) negative outcomes. Within these outcomes, cyber bullying, sexual harassment, and interpersonal skills are included. To begin with, sexual…

“ideological differences” receives a higher statistically significant approval than legislative gridlock attributed to “strategic partisan fighting”. In analyzing the affect of legislative gridlock on congressional approval rating, they developed 3 main theories about how partisan conflict (resulting in partisan wins, losses, compromises and gridlock) affects public efficacy. They theorized that approval in congress would be greater when one’s own party wins than when the opposing party wins or…

The text mentions “how in 1994, Roese proposed that thinking counterfactually simply is functional in two ways such as; preparative function (for which helps us to avoid the recurrence of negative outcomes) and affective function (thinking in ways to help individuals feel better)” (Chapter 6, pg. 62). The text also mentions about “how when one or any individual fails to achieve a goal, it can often lead to a negative affect which in turn can either activate upward or downward counterfactual…

From picking between two cereals to deciding who to take on a date, decisions affect us every day. Decisions might be perceived as easy to make but there is reason behind why we make the decisions we do. The book Predictably Irrational by Dan Ariely explores how we make decisions. Dan Ariely is a Professor of Psychology and Behavioral Economics at Duke University. In addition, he founded the Center for Advanced Hindsight, and is the author of multiple books (Ariely). Ariely uses the concept of…

Medical funds are used to find cures and treatments for the ill or diseased. If one is sick, without the money they have little to no chance of being cured. Wasting important funding on an experiment, at best, could harbor terrible outcomes. If people vote yes for artificial intelligence, they can cause negative long-term effects for the patient or patient's, waste the government’s medical money, or cause overall mayhem throughout the world. Starting off, anger can cause one to perform rash…

Group: Will Lee, Max Speil, Michael Jastrzebski, Frankie Villante Econ 364 homework #2 Chp 5. Discussion #2 Reason for 3M Dominance: conditional pricing in the form of rebates to retail stores that purchased its private label tape along with other 3M product lines. The more that the retailers bought, the higher their rebates would be. This resulted in a loss of sales for LePage tape. 3M’s action would be consistent with the dominant-firm price leadership model because they had a significant…