duopoly game theory is applied to the wood industrial markets (sawnwood and pulpwood markets) in the north of iran. the nash equilibrium and the dynamic properties of the system based on marginal adjustments are determined. the probability that the nash equilibrium will be reached is almost zero. the dynamical properties of sawnwood and pulpwood prices derived via the duopoly game model are fou...

1 Randomized Strategies or Mixed Strategies Consider a strategic form game: Γ = 〈N, (Si), (ui)〉. The elements of Si are called pure strategies of player i (i = 1, . . . , n). If player i chooses a strategy in Si according to a probability distribution, we have a mixed strategy or a randomized strategy. In the discussion that follows, we assume that Si is a finite for each i = 1, 2, . . . , n. D...

Ohletz [1] described a mixed signal circuit architecture which can be reconfigured to allow built-inself-test of both analogue and digital parts. In testing the analogue section an on board test signal can be generated from digital components, the analogue test output fed through an A-D converter and the resulting digital bit stream used as the input to a digital signature analyser. Clearly suc...

We propose a theory of mixed strategies in zero-sum two-person games. Given a finite zero-sum two-person game g, we extend it to collective games g∞ and g∞,S, which are infinite repetitions of the game g. Players in the collective games are restricted to use computable strategies only, but each has a complex sequence that can be used in the computation. We adopt kolmogorov complexity to define ...

As an equilibrium refinement of the Nash equilibrium, evolutionarily stable strategy (ESS) is a key concept in evolutionary game theory and has attracted growing interest. An ESS can be either a pure strategy or a mixed strategy. Even though the randomness is allowed in mixed strategy, the selection probability of pure strategy in a mixed strategy may fluctuate due to the impact of many factors...