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Non Zero Sum Games
Recently there was no satisfactory theory either to describe how people should play non-zero games or to explain how they actually play that game
Nigel Howard (1966) developed a method which explains how most people play non-zero sum games concerning any number of persons
Illustration
Each individual farmer can maximize his own income by maximizing the amount of crops such he produces. While all farmers follow this policy the supply exceeds demand and the prices fall or decrease. On other hand they can agree to reduce the production and remain the prices high
HOLISTIC MARKETING
A reliability system consists of 15 independent components. The probability that a component works is 0.9 for each. The system works if at least 11 of the components work. Fi
1+3i/2+3i standard form
What is Perfect Squares ? Any number that can be written as an integer to the power of two is called a perfect square. For example, 4 can be written as 2 2 4 is a "perfect sq
Ellipsoid Now here is the general equation of an ellipsoid. X 2 / a 2 + y 2 /b 2 + z 2 /c 2 = 1 Here is a diagram of a typical ellipsoid. If a = b = c afterw
Adding Rational Expressions with Common Denominators To add or subtract fractions or rational expressions with common denominators, all you do is add or subtract the numerators
34+8-76=
find the ratio of each of the following in simplest form 1] 9 months to 7 by 4
Northwest Molded molds plastic handles which cost $0.70 per handle to mold. The fixed cost to run the molding machine is $5799 per week. If the company sells the handles for $ 3.70
Eddie mkes $15.75 per hour. Estimate how much Eddie will make per year if he works 40 hours per week and 50 weeks per year.
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