n-Person Second-Order Games: a paradigm shift in game theory

n-Person Second-Order Games: a paradigm shift in game theory

In this paper, we present a new approach to n-person games based on the Habitual domain theory. Unlike the traditional game theory models, the constructed model captures the fact that the underlying changes in the psychological aspects and mind states of the players over the arriving events are t...

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Bibliographic Details
Main Authors: Larbani, Moussa, Yu, Po Lung
Format: Article
Language:English
Published: Springer 2011
Subjects:
HB238 Competition. Production. Wealth
Online Access:http://irep.iium.edu.my/2682/
http://irep.iium.edu.my/2682/
http://irep.iium.edu.my/2682/
http://irep.iium.edu.my/2682/1/Paradigm_Shift_published.pdf
id iium-2682
recordtype eprints
spelling iium-26822013-07-03T03:13:43Z http://irep.iium.edu.my/2682/ n-Person Second-Order Games: a paradigm shift in game theory Larbani, Moussa Yu, Po Lung HB238 Competition. Production. Wealth In this paper, we present a new approach to n-person games based on the Habitual domain theory. Unlike the traditional game theory models, the constructed model captures the fact that the underlying changes in the psychological aspects and mind states of the players over the arriving events are the key factors, which determine the dynamic process of coalition formation. We introduce two new concepts of solution for games: strategically stable mind profile and structurally stable mind profile. The theory introduced in this paper overcomes the dichotomy of noncooperative/ cooperative games, prevailing in the existing game theory, which makes game theory more applicable to real-world game situations. Springer 2011-02-08 Article PeerReviewed application/pdf en http://irep.iium.edu.my/2682/1/Paradigm_Shift_published.pdf Larbani, Moussa and Yu, Po Lung (2011) n-Person Second-Order Games: a paradigm shift in game theory. Journal of optimization theory and applications, 149 (3). pp. 447-473. ISSN 0022-3239 http://www.springerlink.com/content/46355k720g401j52/ 10.1007/s10957-011-9799-1
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
topic HB238 Competition. Production. Wealth
spellingShingle HB238 Competition. Production. Wealth
Larbani, Moussa
Yu, Po Lung
n-Person Second-Order Games: a paradigm shift in game theory
description In this paper, we present a new approach to n-person games based on the Habitual domain theory. Unlike the traditional game theory models, the constructed model captures the fact that the underlying changes in the psychological aspects and mind states of the players over the arriving events are the key factors, which determine the dynamic process of coalition formation. We introduce two new concepts of solution for games: strategically stable mind profile and structurally stable mind profile. The theory introduced in this paper overcomes the dichotomy of noncooperative/ cooperative games, prevailing in the existing game theory, which makes game theory more applicable to real-world game situations.
format Article
author Larbani, Moussa
Yu, Po Lung
author_facet Larbani, Moussa
Yu, Po Lung
author_sort Larbani, Moussa
title n-Person Second-Order Games: a paradigm shift in game theory
title_short n-Person Second-Order Games: a paradigm shift in game theory
title_full n-Person Second-Order Games: a paradigm shift in game theory
title_fullStr n-Person Second-Order Games: a paradigm shift in game theory
title_full_unstemmed n-Person Second-Order Games: a paradigm shift in game theory
title_sort n-person second-order games: a paradigm shift in game theory
publisher Springer
publishDate 2011
url http://irep.iium.edu.my/2682/
http://irep.iium.edu.my/2682/
http://irep.iium.edu.my/2682/
http://irep.iium.edu.my/2682/1/Paradigm_Shift_published.pdf
first_indexed 2023-09-18T20:10:18Z
last_indexed 2023-09-18T20:10:18Z
_version_ 1777407432922759168

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