About: The Economic Application of Game Theory on the Case of Least Development Countries (LDCs)

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An Entity of Type : http://linked.opendata.cz/ontology/domain/vavai/Vysledek, within Data Space : linked.opendata.cz associated with source document(s)

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rdf:type	skos:Concept http://linked.opendata.cz/ontology/domain/vavai/Vysledek
Description	Game theory is a mathematical discipline that studies the choice strategies by interacting rational participants. The basis of the game theory analysis is to determine which strategy is the best response to the strategies chosen by the other participants. Game theory is a scientific metaphor, it's not only about finding a strategy in mere games but also in other areas of human activity, particularly in economics and defence, and in transport, agriculture ect. There are many variants of game theory: a game with two or more participants, with zero or non-zero sum, with perfect or imperfect information, with dominant strategy equilibrium or Nash equilibrium. In some games, one participant always wins and the other loses, in another ones both of them can get. The paper aims at the game theory application in international relations, the possibility of applying the above-mentioned groups of games in trade policy and international economics is analyzed, emphasizing the group of the Least Developed Countries that are unable to reap the benefits of international trade due to inadequate knowledge of trade issues. The method of game tree and matrix are used in this analysis. Game theory is a mathematical discipline that studies the choice strategies by interacting rational participants. The basis of the game theory analysis is to determine which strategy is the best response to the strategies chosen by the other participants. Game theory is a scientific metaphor, it's not only about finding a strategy in mere games but also in other areas of human activity, particularly in economics and defence, and in transport, agriculture ect. There are many variants of game theory: a game with two or more participants, with zero or non-zero sum, with perfect or imperfect information, with dominant strategy equilibrium or Nash equilibrium. In some games, one participant always wins and the other loses, in another ones both of them can get. The paper aims at the game theory application in international relations, the possibility of applying the above-mentioned groups of games in trade policy and international economics is analyzed, emphasizing the group of the Least Developed Countries that are unable to reap the benefits of international trade due to inadequate knowledge of trade issues. The method of game tree and matrix are used in this analysis. (en)
Title	The Economic Application of Game Theory on the Case of Least Development Countries (LDCs) The Economic Application of Game Theory on the Case of Least Development Countries (LDCs) (en)
skos:prefLabel	The Economic Application of Game Theory on the Case of Least Development Countries (LDCs) The Economic Application of Game Theory on the Case of Least Development Countries (LDCs) (en)
skos:notation	RIV/47813059:19520/11:#0001847!RIV13-MSM-19520___
http://linked.open...avai/riv/aktivita	I
http://linked.open...avai/riv/aktivity	I
http://linked.open...vai/riv/dodaniDat	2013
http://linked.open...aciTvurceVysledku	Majerová, Ingrid
http://linked.open.../riv/druhVysledku	D - Článek ve sborníku
http://linked.open...iv/duvernostUdaju	S - Úplné a pravdivé údaje nepodléhající ochraně podle zvláštních právních předpisů
http://linked.open...titaPredkladatele	Slezská univerzita v Opavě / Obchodně podnikatelská fakulta v Karviné
http://linked.open...dnocenehoVysledku	195980
http://linked.open...ai/riv/idVysledku	RIV/47813059:19520/11:#0001847
http://linked.open...riv/jazykVysledku	eng - angličtina
http://linked.open.../riv/klicovaSlova	game theory, Least Developed Countries, international trade, game three, matrix (en)
http://linked.open.../riv/klicoveSlovo	international trade matrix Least Developed Countries game theory game three
http://linked.open...ontrolniKodProRIV	[D020A99C4845]
http://linked.open...v/mistoKonaniAkce	Jánksá Dolina, SR
http://linked.open...i/riv/mistoVydani	Praha
http://linked.open...i/riv/nazevZdroje	PROCEEDINGS OF THE 29TH INTERNATIONAL CONFERENCE ON MATHEMATICAL METHODS IN ECONOMICS 2011, PTS I AND II
http://linked.open...in/vavai/riv/obor	AH
http://linked.open...ichTvurcuVysledku	1 (xsd:int)
http://linked.open...cetTvurcuVysledku	1 (xsd:int)
http://linked.open...UplatneniVysledku	2011
http://linked.open...iv/tvurceVysledku	Majerová, Ingrid
http://linked.open...vavai/riv/typAkce	EUR - Evropská
http://linked.open...ain/vavai/riv/wos	000309074600075
http://linked.open.../riv/zahajeniAkce	2011-01-01 (xsd:date)
number of pages	7 (xsd:int)
http://purl.org/ne...btex#hasPublisher	PROFESSIONAL PUBLISHING
https://schema.org/isbn	978-80-7431-058-4
http://localhost/t...ganizacniJednotka	19520

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