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El Farol Bar Problem
The El Farol bar problem is a problem in game theory. Every Thursday night, a fixed population want to go have fun at the El Farol Bar, unless it's too crowded. * If less than 60% of the population go to the bar, they'll all have more fun than if they stayed home. * If more than 60% of the population go to the bar, they'll all have less fun than if they stayed home. Everyone must decide ''at the same time'' whether to go or not, with no knowledge of others' choices. Paradoxically, if everyone uses a deterministic pure strategy which is symmetric (same strategy for all players), it is guaranteed to fail no matter what it is. If the strategy suggests it will not be crowded, everyone will go, and thus it ''will'' be crowded; but if the strategy suggests it will be crowded, nobody will go, and thus it will ''not'' be crowded, but again no one will have fun. Better success is possible with a probabilistic mixed strategy. For the single-stage El Farol Bar problem, there exists a uniq ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
El Farol Restaurant And Cantina, Santa Fe NM
EL, El or el may refer to: Arts and entertainment Fictional entities * El, a character from the manga series ''Shugo Chara!'' by Peach-Pit * Eleven (''Stranger Things'') (El), a fictional character in the TV series ''Stranger Things'' * El, family name of Kal-El (Superman) and his father Jor-El in the Superman dynasty * E.L. Faldt, character in the road comedy film ''Road Trip'' Music * Él Records, an independent record label from the UK founded by Mike Alway * ''Él ''(Lucerito album), a 1982 album by Lucerito * "Él", Spanish song by Rubén Blades from the album '' Caminando'' * "Él" (Lucía song), the Spanish entry performed by Lucía in the Eurovision Song Contest 1982 Other media * ''Él'', 1926 autobiographical novel by Mercedes Pinto * ''Él'' (film), a 1953 film by Luis Buñuel based on the 1926 novel * ''Él'' (visual novel), a 1991 Japanese adult visual novel * EL TV, an Azerbaijani regional television channel Companies and organizations * Estée Lauder Compan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
University Of Fribourg
The University of Fribourg (; ) is a public university located in Fribourg, Switzerland. The roots of the university can be traced back to 1580, when the notable Jesuit Peter Canisius founded the Collège Saint-Michel in the City of Fribourg. In 1763, an academy of law was founded by the state of Fribourg which formed the nucleus of the present law faculty. The University of Fribourg was finally created in 1889 by an Act of the parliament of the Swiss Canton of Fribourg. The University of Fribourg is Switzerland's only bilingual university and offers full curricula in both French and German, two of Switzerland's national languages. Students number about 10,000; there are about 200 tenured professors and 700 other academic teaching and research personnel. The Misericorde Campus, constructed between 1939 and 1942, was designed by the architects Honegger and Dumas, students of Swiss architect Le Corbusier. There are five faculties: Catholic theology, law, natural sciences, hum ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Noise Trader
A noise trader is a stock trader whose decisions to buy or sell are based on "factors they believe to be helpful but in reality will give them no better returns than random choices". These factors may include hype or rumor, which noise traders believe to be reliable signals of future returns, but which are actually forms of economic noise that cannot be used to accurately predict the future value of a stock. Noise traders do not trade randomly; their decisions are systematic. However, their trading decisions are not based on professional advice or a business's fundamentals, and the purported signals used by noise traders are more unreliable than those used by technical analysts. Therefore, returns on their trading decisions are expected to be no better than random choices. Noise traders often act irrationally: they tend to be emotion-driven, impulsive, reactive, and herd-like. The presence of noise traders in financial markets can cause prices and risk levels to diverge from ex ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Payoff Matrix
In game theory, normal form is a description of a ''game''. Unlike extensive-form game, extensive form, normal-form representations are not Graph (discrete mathematics), graphical ''per se'', but rather represent the game by way of a matrix (mathematics), matrix. While this approach can be of greater use in identifying strictly dominated strategies and Nash equilibrium, Nash equilibria, some information is lost as compared to extensive-form representations. The normal-form representation of a game includes all perceptible and conceivable Strategy (game theory), strategies, and their corresponding payoffs, for each player. In static games of complete information, complete, perfect information, a normal-form representation of a game is a specification of players' strategy spaces and payoff functions. A strategy space for a player is the set of all strategies available to that player, whereas a strategy is a complete plan of action for every stage of the game, regardless of whether th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Bikas K Chakrabarti
Bikas Kanta Chakrabarti (born 14 December 1952 in Kolkata (erstwhile Calcutta) is an Indian physicist. At present he is INSA Scientist (Physics) at the Saha Institute of Nuclear Physics & Visiting Professor (Economics) at the Indian Statistical Institute, Kolkata, India. Biography Chakrabarti received his Ph.D. degree from Calcutta University in 1979. Following post-doctoral work at the University of Oxford and the University of Cologne, he joined the faculty of Saha Institute of Nuclear Physics (SINP) in 1983. He is S. S. Bhatnagar Prize awardee (1997) and former J. C. Bose National Fellow (2011-2020). He is a former director of SINP. At present he is INSA Scientist at SINP (2021-) and also Honorary Visiting Professor of economics (2007-) at the Indian Statistical Institute. Emeritus Professor of SINP and of S.N. Bose National Centre for Basic Sciences. Much of Chakrabarti's research has centered around statistical condensed matter physics (including Quantum anneal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Bikas K
{{disambiguation, geo ...
Bikas or Bikás may refer to * Bikas (surname) * Bikás park, a metro station in Budapest, Hungary * Nepal Rastriya Bikas Party, a political party in Nepal *Rastriya Bikas Party, a political party in Nepal * Rastriya Jana Bikas Party, a political party in Nepal See also * Bika (other) *Vikas (other) Vikas is a given name (see article for a list of people with the name). Vikas may also refer to: Education * Grama Vikas Kendra, extension centre of the Mahatma Gandhi University * Netraheen Vikas Sansthan, residential school for the blind in J ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Wolfram Alpha
WolframAlpha ( ) is an answer engine developed by Wolfram Research. It is offered as an online service that answers factual queries by computing answers from externally sourced data. History Launch preparations for WolframAlpha began on May 15, 2009, at 7:00 pm CDT with a live broadcast on Justin.tv. The plan was to publicly launch the service a few hours later. However, there were issues due to extreme load. The service officially launched on May 18, 2009, receiving mixed reviews. The engine is based on Wolfram's earlier product Wolfram Mathematica, a technical computing platform. The coding is written in Wolfram Language, a general multi-paradigm programming language, and implemented in Mathematica. WolframAlpha gathers data from academic and commercial websites such as the CIA's ''The World Factbook'', the United States Geological Survey, a Cornell University Library publication called ''All About Birds'', '' Chambers Biographical Dictionary'', Dow Jones, the ''Cat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Liar Game
''Liar Game'' (stylized in all caps) is a Japanese manga series written and illustrated by Shinobu Kaitani. It was serialized in Shueisha's manga magazine ''Weekly Young Jump'' from February 2005 to January 2015. It was adapted into a Japanese television series in 2007, with a second season which ran from 2009 to 2010. It was also adapted into two live action films; '' Liar Game: The Final Stage'' in 2010 and '' Liar Game: Reborn'' in 2012. A South Korean television series adaptation aired in 2014. Plot An uncommonly naive college student named Nao Kanzaki receives a package containing 100 million yen (about US$1 million) and a note that she is now a contestant in the Liar Game Tournament. In this fictional tournament, contestants are encouraged to cheat and lie to obtain other contestants' money, with the losers forced to bear a debt proportional to their losses. When Nao's first opponent, a trusted former teacher, steals her money, she seeks assistance from a con man ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Santa Fe, New Mexico
Santa Fe ( ; , literal translation, lit. "Holy Faith") is the capital city, capital of the U.S. state of New Mexico, and the county seat of Santa Fe County. With over 89,000 residents, Santa Fe is the List of municipalities in New Mexico, fourth-most populous city in the state and the principal city of the Santa Fe metropolitan statistical area, which had 154,823 residents in 2020. Santa Fe is the third-largest city in the Albuquerque, New Mexico, Albuquerque–Santa Fe–Los Alamos, New Mexico, Los Alamos Albuquerque–Santa Fe–Los Alamos combined statistical area, combined statistical area, which had a population of 1,162,523 in 2020. Situated at the foothills of the Sangre de Cristo Mountains, the city is at the highest altitude of any U.S. state capital, with an elevation of 6,998 feet (2,133 m). Founded in 1610 as the capital of ', a province of New Spain, Santa Fe is the oldest List of capitals in the United States, state capital in the United States and the earliest E ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Game Theory
Game theory is the study of mathematical models of strategic interactions. It has applications in many fields of social science, and is used extensively in economics, logic, systems science and computer science. Initially, game theory addressed two-person zero-sum games, in which a participant's gains or losses are exactly balanced by the losses and gains of the other participant. In the 1950s, it was extended to the study of non zero-sum games, and was eventually applied to a wide range of Human behavior, behavioral relations. It is now an umbrella term for the science of rational Decision-making, decision making in humans, animals, and computers. Modern game theory began with the idea of mixed-strategy equilibria in two-person zero-sum games and its proof by John von Neumann. Von Neumann's original proof used the Brouwer fixed-point theorem on continuous mappings into compact convex sets, which became a standard method in game theory and mathematical economics. His paper was f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Princeton University Press
Princeton University Press is an independent publisher with close connections to Princeton University. Its mission is to disseminate scholarship within academia and society at large. The press was founded by Whitney Darrow, with the financial support of Charles Scribner, as a printing press to serve the Princeton community in 1905. Its distinctive building was constructed in 1911 on William Street in Princeton. Its first book was a new 1912 edition of John Witherspoon's ''Lectures on Moral Philosophy.'' History Princeton University Press was founded in 1905 by a recent Princeton graduate, Whitney Darrow, with financial support from another Princetonian, Charles Scribner II. Darrow and Scribner purchased the equipment and assumed the operations of two already existing local publishers, that of the ''Princeton Alumni Weekly'' and the Princeton Press. The new press printed both local newspapers, university documents, '' The Daily Princetonian'', and later added book publishing ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Herbert Gintis
Herbert Gintis (February 11, 1940 – January 5, 2023) was an American economist, behavioral scientist, and educator known for his theoretical contributions to sociobiology, especially altruism, cooperation, epistemic game theory, gene-culture coevolution, efficiency wages, strong reciprocity, and human capital theory. Throughout his career, he worked extensively with economist Samuel Bowles (economist), Samuel Bowles. Their landmark book, ''Schooling in Capitalist America: Educational Reform and the Contradictions of Economic Life, Schooling in Capitalist America'', had multiple editions in five languages since it was first published in 1976. Their book, ''A Cooperative Species: Human Reciprocity and its Evolution'' was published by Princeton University Press in 2011. Early life and education Gintis was born in Philadelphia, Pennsylvania, where his father had a retail furniture business. He grew up there and later in Bala Cynwyd (just outside Philadelphia). Gintis completed his ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
