Accession Number:

AD0684429

Title:

DISCRETE TWO-PERSON GAME THEORY WITH MEDIAN PAYOFF CRITERION.

Descriptive Note:

Technical rept.,

Corporate Author:

SOUTHERN METHODIST UNIV DALLAS TEX DEPT OF STATISTICS

Personal Author(s):

Report Date:

1969-03-05

Pagination or Media Count:

23.0

Abstract:

The minimax concept for solution of discrete two-person games is based on expected value considerations and has a zero-sum condition for payoffs. This approach often is inapplicable due to strong violation of the zero-sum condition. By use of a different criterion, based on median value considerations, a two-person game theory can be developed that seems appropriate for a class of situations called competitive. It is also applicable for a hugely broader class of practically important situations called median competitive. Author

Subject Categories:

  • Operations Research

Distribution Statement:

APPROVED FOR PUBLIC RELEASE