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Game Theory as a Tool in Mobile Technologies and Applications

Game Theory as a Tool in Mobile Technologies and Applications
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Author(s): Rajeev Agrawal (Kumaon Engineering College, India)
Copyright: 2009
Pages: 13
Source title: Handbook of Research in Mobile Business, Second Edition: Technical, Methodological and Social Perspectives
Source Author(s)/Editor(s): Bhuvan Unhelkar (University of Western Sydney, Australia)
DOI: 10.4018/978-1-60566-156-8.ch002

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Abstract

Game theory is a tool used in the context of conflict interest among interacting decision makers. Game theory may be considered as a generalization of the decision theory that includes multiple players or decision makers. This chapter provides an introduction and overview of the game theory and demonstrates its potential applications in mobile business & technologies. Thus, the chapter provides a global outlook of game and economic theory and provides a comprehensive introduction to the more general subject of mathematical economics again in the context of mobile business. The reason for the importance of game theory in the context of mobile business & technologies is the fact that game theory deals primarily with distributed optimization. This distribution and optimization is individual user trade-users who are involved in making their own decisions in their own time and space. The chapter covers the role of game theory in different aspects of mobile applications, technologies and business.

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