Game theory--Basic concepts and terminology

Participant (player)

The decision-making body involved in game

Actors (Actions)

For each participant, he can take action (strategy) of the whole composition of the set. The state of being formed after each participant's respective action is called the situation (outcome)

Revenue (payoff)

The benefits to be gained by each participant in different situations. Returns are sometimes a specific value, and more often than not, the participants are given a preference order for all situations (preference)

Rules (rule)

Specific provisions on the sequencing of participants ' actions, how much information the participants know about the decision-making

Equalization (Equilibrium)

Non-cooperative games (non-cooperative game)

Cooperative Game (cooperative game)

Static game (statics game)

Dynamic game

Full Information game

Non-complete information game

Game theory--Basic concepts and terminology