College of Science and Mathematics
North Dakota State University
Our Next Science Café:
Nov 14, 2017, 7pm at Stoker’s Basement, Hotel Donaldson
Assistant Professor, Department of Mathematics, North Dakota State University
Fun with strategies: prisoner's dilemma, Nash equilibrium and more.
Abstract: Game theory is the study of mathematical models of conflict and cooperation between intelligent rational decision-makers. It has major applications in economics, finance, physics, political science, and statistics. The prisoner's dilemma is the oldest and most studied model in game theory, and its concept is also the simplest. In the talk, I will give the elaborate description of various strategies in various "games", where "games" in some cases will be real-life situations. I will also introduce "Nash equilibrium" and its "no regret" policy, i.e., after the game has been played, players do not regret their choices if all were playing a Nash equilibrium. A lot of examples will be provided.
General InformationOur Science Cafés feature
Free and open to the public.
Attendees must be 21 or older, or accompanied by a parent or guardian.
For more information, contact Diane Goede at Diane.Goede@ndsu.edu or (701) 231-7411.
Science Café presentations are about one hour long; there
is some extra time for discussions. The location is: