Abstract: Game theory is the mathematical study of cooperation and conflict. It provides a distinct and interdisciplinary approach to the study of human behavior and can be applied to any situation in which the choice of each player influences other players' utilities, and in which players take this mutual influence into consideration in their decision making processes. Such strategic interaction is commonly used in the analysis of systems involving human beings, such as economy, sociology, politics, and anthropology. Game theory is a very powerful conceptual and procedural tool to investigate social interaction, such as the rules of the game, the informational structure of the interactions, and the payoffs associated with particular user decisions. Game theory can be applied to all behavioral disciplines in a unified analytical framework. In the later chapters of this book, game theory will be the main tool for modeling and analyzing human behavior in media-sharing social networks. In this chapter we introduce the basic and most important concepts of game theory that will be used extensively in this book.
Publication Year: 2011
Publication Date: 2011-04-14
Language: en
Type: book-chapter
Indexed In: ['crossref']
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