Rachael Sachs, senior Mathematics Education major, will be presenting the following colloquium on Tuesday, Dec. 3, at 2:00 pm, in Yates Hall, room 215. There will be cookies and conversation afterwards in Yates 210.
Game Theory: Non-zero Sum Games
Abstract: Game Theory is the study of mathematical models of conflict and cooperation used for strategic decision making. It can be applied to strategies in economics, business, psychology, sociology, warfare, and political science. Non-zero sum games involve more complicated situations in which the players try to maximize their own payoffs rather than minimizing the opponents’ payoffs.