Let’s work through them to gain a deeper appreciation for the intricacies in applying game theory to real-world situations. Problem 1. Morra is a competitive hand-and-finger game played between two ...

Morra is a competitive hand-and-finger game played between two opponents. It begins like Rock-Paper-Scissors, with both players concealing their hands. At a prearranged signal, both players ...

Game theory is a branch of applied mathematics and economics that studies situations where players choose different actions in an attempt to maximize their returns. First developed as a tool for ...