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Game Models in Various Applications

Game Models in Various Applications
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Copyright: 2014
Pages: 85
Source title: Game Theory Applications in Network Design
Source Author(s)/Editor(s): Sungwook Kim (Sogang University, South Korea)
DOI: 10.4018/978-1-4666-6050-2.ch003


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Recently, game-theoretic models have become famous in many academic research areas. Therefore, many applications and extensions of the original game theoretic approach appear in many of the major science fields. Despite all the technical problems, the history of game theory suggests that it would be premature to abandon the tool, especially in the absence of a viable alternative. If anything, the development of game theory has been driven precisely by the realization of its limitations and attempts to overcome them. This chapter explores these ideas.

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