Game Theory in Practice  

Oleh:

[s.n]

Jenis: Article from Bulletin/Magazine
Dalam koleksi: The Economist (http://search.proquest.com/) vol. 400 no. 8749 (Sep. 2011), page 16-17.
Topik: International; Software Packages; Forecasting; Systems Design; Behavior

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Perpustakaan Pusat (Semanggi) Nomor Panggil: EE29.67 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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For a man who claims to lack expertise in the field, Bruce Bueno de Mesquita, an academic at New York University, has made some impressively accurate political forecasts. What is the secret of his success? I don't have insights--the game does, he says. Mr Bueno de Mesquita's game is a computer model he developed that uses a branch of mathematics called game theory, which is often used by economists, to work out how events will unfold as people and organisations act in what they perceive to be their best interests. Mesquita & Roundell, Mr Bueno de Mesquita's company, is just one of several consulting outfits that run such computer simulations for law firms, companies and governments. Most decision-making advice is political, in the broadest sense of the word. But feeding software with good data on all the players involved is especially tricky for political matters.

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