payoff function in a sentence
Examples
- In a Bayesian game, the incompleteness of information means that at least one player is unsure of the type ( and so the payoff function ) of another player.
- Subsequent work by Heuer discusses a class of games in which the unit square is divided into three regions, the payoff function being constant in each of the regions.
- In words, payoff functions in aggregative games depend on players "'own strategies " and the " aggregate " \ sum s _ j.
- More recently, viscosity solutions to the infinity Laplace equation have been identified with the payoff functions from "'randomized tug-of-war "'games.
- More formally, as before if denotes the set of all options, and we have the payoff function " " " which gives the payoff enjoyed by the agent for each option.
- The focal point approach argues that the law cannot change the payoff functions of individuals and the game that people play in life since a law is nothing but some ink on paper ( words written down somewhere ).
- The first partial derivative of each payoff function with respect to the follower's ( firm 2 ) strategy variable ( q2 ) and finding its best response function, q2 ( q1 ) = ( 5000-q1-c2 ) / 2.
- Here, \ sigma \ in \ Sigma, where \ Sigma = \ Sigma _ i \ times \ Sigma _ {-i }, is a mixed-strategy profile in the set of all mixed strategies and u _ i is the payoff function for player i.
- If a player has payoff function U ( x, y ) and he has type t, the payoff he receives is U ( x ^ *, t ), where x ^ * is the strategy profile played in the game ( i . e . the vector of strategies played ).
- In static games of cardinal or ordinal utility often cardinal in the normal-form representation ) of a player, i . e . the payoff function of a player takes as its input a strategy profile ( that is a specification of strategies for every player ) and yields a representation of payoff as its output.