Game theory -Battle Of The Sexes at HelpWithAssignment.com

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Game theory -Battle Of The Sexes at HelpWithAssignment.com

  1. 1. Game Theory-Battle of the Sexes At HelpWithAssignment.com<br />www.HelpWithAssignment.com<br />
  2. 2. Game Theory is a set of strategic models where hypothetical situations are simulated. <br />The people who are part of the game will have to act in these situations and arrive at situations by making choices. <br />Game Theory<br />www.HelpWithAssignment.com<br />
  3. 3. The choice that one of the players makes is dependant on the choice the other players make. <br />This makes Game Theory interesting and easily arrive at solutions in given hypothetical situations.<br />Game Theory<br />www.HelpWithAssignment.com<br />
  4. 4. Game Theory is extensively used in preparing <br />war strategies, <br />political scenarios both national and international, <br />economics, <br />organizations, <br />social psychology, <br />computer science and <br />statistics, etc.<br />Application of Game Theory<br />www.HelpWithAssignment.com<br />
  5. 5. There are a number of games in Game Theory. Some of the most popular are Prisoner’s Dilemma. <br />We shall discuss about Battle Of The Sexes.<br />Battle Of The Sexes<br />www.HelpWithAssignment.com<br />
  6. 6. Battle of the Sexes,as the name suggests is a hypothetical situation in which a man and a woman are involved. <br />Both of them agree to go on a date and forget the venue they had decided upon. <br />Battle Of The Sexes<br />www.HelpWithAssignment.com<br />
  7. 7. The woman wants to go a concert and the man wants to go to a sport event. <br />There is no way they can communicate and one has to go to the place where the other person is likely to go, i.e. <br />Battle Of The Sexes <br />www.HelpWithAssignment.com<br />
  8. 8. Both the man and the woman has 2 choices which are going to the sport event and wait for the woman to arrive or going to the concert and wait for her to arrive. <br />The woman also faces the same situation. She can either go to the concert or wait for him there or she can go the sporting event. <br />Battle Of The Sexes <br />www.HelpWithAssignment.com<br />
  9. 9. Both the man and the woman are in a dilemma as where to go. <br />The rational strategy for both the man and the woman is to comply with the other’s strategy.<br />Battle Of The Sexes <br />www.HelpWithAssignment.com<br />
  10. 10. In the end the objective of the game is to get the other player comply to your strategy. <br />One has to remember that if you act too selfish, your partner can always defect, even though they loose. <br />They might be happy of the fact that you also stand to lose relatively more than they do.<br />Battle Of The Sexes <br />www.HelpWithAssignment.com<br />
  11. 11. For more details on Economics you can visit our website at http://www.helpwithassignment.com and http://www.helpwiththesis.com for further details.<br />www.HelpWithAssignment.com<br />www.HelpWithAssignment.com<br />

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