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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
WHAT IS PRECALC
A dealer sells a toy for Rs.24 and gains as much percent as the cost price of the toy. Find the cost price of the toy. Ans: Let the C.P be x ∴Gain = x % ⇒ Gain = x
f(x)=sin(x),All x belongs to [p/6, p]
what are various fields that lpp used
Q. How to Add Mixed Numbers? Ans. If you have to add mixed numbers, you might try this method first: First rewrite the mixed number as a whole number plus a fracti
y=f(a^x) and f(sinx)=lnx find dy/dx Solution) dy/dx = (a^x)(lnx)f''(a^x), .........(1) but f(sinx) = lnx implies f(x) = ln(arcsinx) hence f''(x) = (1/arcsinx) (1/ ( ( 1-x
Evaluate following limits. Solution In this part what we have to note (using Fact 2 above) is that in the limit the exponent of the exponential does this, Henc
Q. Define Degrees and Radians? Ans. Just as your height can be measured in meters or feet and your weight can be measured in pounds or kilograms, angles can be measured in
Basic indefinite integrals The first integral which we'll look at is the integral of a power of x. ∫x n dx = (x n +1 / n + 1)+ c, n
Brad's class collected 320 cans of food. They boxed them in boxes of 40 cans each. How many boxes did they required? To find the number of boxes required, you should divide the
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