Abdullaeva D.K


Game theory, OPEC, Learning process


Game theory - a mathematical method for studying optimal strategies in games. A game is understood as a process in which two or more parties fighting for the realization of their interests. Each side has a purpose and uses some strategy that can lead to win or lose - depending on the behavior of others players. Game theory helps you choose the best strategies based on ideas about other participants, their resources and their possible deed Game theory course provides an introduction to modeling principles interactions of agents in situations when by their actions they affect each other. During the learning process, students will understand why leading cellular operators are unlikely to be able to receive monopoly profit, why OPEC is not very good at influencing the price of oil, and as well as how to make the right decision in combat conditions or in family circle.



August 31, 2021