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eBook details

• Title: Applying Game Theory in Libraries: Review and Preview (Report)
• Author : Library Philosophy and Practice
• Release Date : January 01, 2008
• Genre: Language Arts & Disciplines,Books,Professional & Technical,Education,
• Pages : * pages
• Size : 188 KB

Description

Introduction Game theory is the study of how people behave in strategic situations. It is concerned with "how rational individuals make decisions when they are mutually interdependent" (Romp, 1997). "Game" in this context means "sport of any kind," and therefore implies two or more players and a set of rules. The outcome of a game depends on the player him or herself, as well as other players. The root of game theory can be traced to philosophical and political works such as Plato's Republic, in which Socrates worries that "a soldier is better off running away regardless of who is going to win the battle" and "if all of the soldiers reason this way--then this will certainly bring about the outcome in which the battle is lost" (Ross, 2006).

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