Accession Number : AD0697935
Title : MEDIAN TWO-PERSON GAME THEORY FOR MEDIAN COMPETITIVE GAMES.
Descriptive Note : Technical rept.,
Corporate Author : SOUTHERN METHODIST UNIV DALLAS TEX DEPT OF STATISTICS
Personal Author(s) : Walsh,John E.
Report Date : 25 SEP 1969
Pagination or Media Count : 16
Abstract : A form of discrete two-person game theory based on median considerations is discussed as having very strong application advantages over expected value game theory. The class of median competitive games, where both players can be simultaneously protective and vindictive, is huge compared to the corresponding class for expected value game theory, and the median approach is usable for games where the numbers in one or both payoff matrices do not satisfy the arithmetical operations. A subclass of the median competitive games is identified. The complete class is specified in this paper and a method is given for determining median optimum strategies. The evaluation methods given are oriented toward minimum application effort.
Descriptors : (*GAME THEORY, DECISION MAKING), OPTIMIZATION, PROBABILITY, SET THEORY, IDENTIFICATION, THEOREMS
Subject Categories : Operations Research
Distribution Statement : APPROVED FOR PUBLIC RELEASE