|
Game-theoretic
Game theory is the study of mathematical models of strategic interactions among rational agents. Myerson, Roger B. (1991). ''Game Theory: Analysis of Conflict,'' Harvard University Press, p.&nbs1 Chapter-preview links, ppvii–xi It has applications in all fields of social science, as well as in logic, systems science and computer science. Originally, it addressed two-person zero-sum games, in which each participant's gains or losses are exactly balanced by those of other participants. In the 21st century, game theory applies to a wide range of behavioral relations; it is now an umbrella term for the science of logical decision making in humans, animals, as well as computers. Modern game theory began with the idea of mixed-strategy equilibria in two-person zero-sum game 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 mathemati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Evolutionary Game Theory
Evolutionary game theory (EGT) is the application of game theory to evolving populations in biology. It defines a framework of contests, strategies, and analytics into which Darwinian competition can be modelled. It originated in 1973 with John Maynard Smith and George R. Price's formalisation of contests, analysed as strategies, and the mathematical criteria that can be used to predict the results of competing strategies. Evolutionary game theory differs from classical game theory in focusing more on the dynamics of strategy change. This is influenced by the frequency of the competing strategies in the population. Evolutionary game theory has helped to explain the basis of altruistic behaviours in Darwinian evolution. It has in turn become of interest to economists, sociologists, anthropologists, and philosophers. History Classical game theory Classical non-cooperative game theory was conceived by John von Neumann to determine optimal strategies in competitions between adversa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Christiaan Huygens
Christiaan Huygens, Lord of Zeelhem, ( , , ; also spelled Huyghens; la, Hugenius; 14 April 1629 – 8 July 1695) was a Dutch mathematician, physicist, engineer, astronomer, and inventor, who is regarded as one of the greatest scientists of all time and a major figure in the Scientific Revolution. In physics, Huygens made groundbreaking contributions in optics and mechanics, while as an astronomer he is chiefly known for his studies of the rings of Saturn and the discovery of its moon Titan. As an engineer and inventor, he improved the design of telescopes and invented the pendulum clock, a breakthrough in timekeeping and the most accurate timekeeper for almost 300 years. An exceptionally talented mathematician and physicist, Huygens was the first to idealize a physical problem by a set of mathematical parameters, and the first to fully mathematize a mechanistic explanation of an unobservable physical phenomenon.Dijksterhuis, F.J. (2008) Stevin, Huygens and the Dutch republ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paul Milgrom
Paul Robert Milgrom (born April 20, 1948) is an American economist. He is the Shirley and Leonard Ely Professor of Humanities and Sciences at the Stanford University School of Humanities and Sciences, a position he has held since 1987. He is a professor in the Stanford School of Engineering as well and a Senior Fellow at the Stanford Institute for Economic Research. Milgrom is an expert in game theory, specifically auction theory and pricing strategies. He is the winner of the 2020 Nobel Memorial Prize in Economic Sciences, together with Robert B. Wilson, "for improvements to auction theory and inventions of new auction formats". He is the co-creator of the no-trade theorem with Nancy Stokey. He is the co-founder of several companies, the most recent of which, Auctionomics, provides software and services for commercial auctions and exchanges. Milgrom and his thesis advisor Wilson designed the auction protocol the FCC uses to determine which phone company gets what cellula ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mathematical Model
A mathematical model is a description of a system using mathematical concepts and language. The process of developing a mathematical model is termed mathematical modeling. Mathematical models are used in the natural sciences (such as physics, biology, earth science, chemistry) and engineering disciplines (such as computer science, electrical engineering), as well as in non-physical systems such as the social sciences (such as economics, psychology, sociology, political science). The use of mathematical models to solve problems in business or military operations is a large part of the field of operations research. Mathematical models are also used in music, linguistics, and philosophy (for example, intensively in analytic philosophy). A model may help to explain a system and to study the effects of different components, and to make predictions about behavior. Elements of a mathematical model Mathematical models can take many forms, including dynamical systems, statisti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Evolution
Evolution is change in the heritable characteristics of biological populations over successive generations. These characteristics are the expressions of genes, which are passed on from parent to offspring during reproduction. Variation tends to exist within any given population as a result of genetic mutation and recombination. Evolution occurs when evolutionary processes such as natural selection (including sexual selection) and genetic drift act on this variation, resulting in certain characteristics becoming more common or more rare within a population. The evolutionary pressures that determine whether a characteristic is common or rare within a population constantly change, resulting in a change in heritable characteristics arising over successive generations. It is this process of evolution that has given rise to biodiversity at every level of biological organisation, including the levels of species, individual organisms, and molecules. The theory of evolution by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Institute Of Mathematical Statistics
The Institute of Mathematical Statistics is an international professional and scholarly society devoted to the development, dissemination, and application of statistics and probability. The Institute currently has about 4,000 members in all parts of the world. Beginning in 2005, the institute started offering joint membership with the Bernoulli Society for Mathematical Statistics and Probability as well as with the International Statistical Institute. The Institute was founded in 1935 with Harry C. Carver and Henry L. Rietz as its two most important supporters. The institute publishes a variety of journals, and holds several international conference every year. Publications The Institute publishes five journals: *''Annals of Statistics'' *'' Annals of Applied Statistics'' *''Annals of Probability'' *''Annals of Applied Probability'' *'' Statistical Science'' In addition, it co-sponsors: * The ''Current Index to Statistics'' * ''Electronic Communications in Probability'' * ''Ele ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
James Waldegrave, 1st Earl Waldegrave
James Waldegrave, 1st Earl Waldegrave, (168411 April 1741) was a British diplomat who served as ambassador to Austria and France. Life Waldegrave was the son of the 1st Baron Waldegrave and Henrietta FitzJames, the illegitimate daughter of James II and Arabella Churchill. Educated in France, Waldegrave inherited his father's title in 1690, and on 20 May 1714 he married Mary Webb (who died in childbirth in 1719), a daughter of Sir John Webb, 3rd Baronet and they had three surviving children: *James Waldegrave, 2nd Earl Waldegrave (1715–1763) *John Waldegrave, 3rd Earl Waldegrave (1718–1784) *Lady Henrietta Waldegrave (1717–1753), married firstly, Lord Edward Herbert, a son of the 2nd Marquess of Powis and had issue; married secondly, John Beard (a singer at Covent Garden). After the death of his wife, he converted from Roman Catholicism (the religion he was brought up in) to Anglicanism to take his seat in the House of Lords. He was briefly a Lord of t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jacobitism
Jacobitism (; gd, Seumasachas, ; ga, Seacaibíteachas, ) was a political movement that supported the restoration of the senior line of the House of Stuart to the Monarchy of the United Kingdom, British throne. The name derives from the first name of James II and VII, which in Latin translates as ''Jacobus (name), Jacobus''. When James went into exile after the November 1688 Glorious Revolution, the Parliament of England argued that he had abandoned the Kingdom of England, English throne, which they offered to his Protestant daughter Mary II, and her husband William III of England, William III. In April, the Convention of Estates (1689), Scottish Convention held that he "forfeited" the throne of Scotland by his actions, listed in the Articles of Grievances. The Revolution thus created the principle of a contract between monarch and people, which if violated meant the monarch could be removed. Jacobites argued monarchs were appointed by God, or Divine right of kings, divine right, a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Expected Value
In probability theory, the expected value (also called expectation, expectancy, mathematical expectation, mean, average, or first moment) is a generalization of the weighted average. Informally, the expected value is the arithmetic mean of a large number of independently selected outcomes of a random variable. The expected value of a random variable with a finite number of outcomes is a weighted average of all possible outcomes. In the case of a continuum of possible outcomes, the expectation is defined by integration. In the axiomatic foundation for probability provided by measure theory, the expectation is given by Lebesgue integration. The expected value of a random variable is often denoted by , , or , with also often stylized as or \mathbb. History The idea of the expected value originated in the middle of the 17th century from the study of the so-called problem of points, which seeks to divide the stakes ''in a fair way'' between two players, who have to end th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Blaise Pascal
Blaise Pascal ( , , ; ; 19 June 1623 – 19 August 1662) was a French mathematician, physicist, inventor, philosopher, and Catholic Church, Catholic writer. He was a child prodigy who was educated by his father, a tax collector in Rouen. Pascal's earliest mathematical work was on conic sections; he wrote a significant treatise on the subject of projective geometry at the age of 16. He later corresponded with Pierre de Fermat on probability theory, strongly influencing the development of modern economics and social sciences, social science. In 1642, while still a teenager, he started some pioneering work on calculating machines (called Pascal's calculators and later Pascalines), establishing him as one of the first two inventors of the mechanical calculator. Like his contemporary René Descartes, Pascal was also a pioneer in the natural and applied sciences. Pascal wrote in defense of the scientific method and produced several controversial results. He made important contribu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gerolamo Cardano
Gerolamo Cardano (; also Girolamo or Geronimo; french: link=no, Jérôme Cardan; la, Hieronymus Cardanus; 24 September 1501– 21 September 1576) was an Italian polymath, whose interests and proficiencies ranged through those of mathematician, physician, biologist, physicist, chemist, astrologer, astronomer, philosopher, writer, and gambler. He was one of the most influential mathematicians of the Renaissance, and was one of the key figures in the foundation of probability and the earliest introducer of the binomial coefficients and the binomial theorem in the Western world. He wrote more than 200 works on science. Cardano partially invented and described several mechanical devices including the combination lock, the gimbal consisting of three concentric rings allowing a supported compass or gyroscope to rotate freely, and the Cardan shaft with universal joints, which allows the transmission of rotary motion at various angles and is used in vehicles to this day. He made sig ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Crafoord Prize
The Crafoord Prize is an annual science prize established in 1980 by Holger Crafoord, a Swedish industrialist, and his wife Anna-Greta Crafoord. The Prize is awarded in partnership between the Royal Swedish Academy of Sciences and the Crafoord Foundation in Lund. The Academy is responsible for selecting the Crafoord Laureates. The prize is awarded in four categories: astronomy and mathematics; Geology, geosciences; Biology, biosciences, with particular emphasis on ecology; and polyarthritis, the disease from which Holger severely suffered in his last years. According to the Academy, "these disciplines are chosen so as to complement those for which the Nobel Prizes are awarded". Only one award is given each year, according to a rotating scheme – astronomy and mathematics; then geosciences; then biosciences. A Crafoord Prize in polyarthritis is only awarded when a special committee decides that substantial progress in the field has been made. The recipient of the Crafoord Prize is a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
.png "Click for more on -> Blaise Pascal")
