Minimax theorem and Nash equilibrium
Interested in meeting your fellow graduate students and learning about their research? Join us at the informal colloquium for graduate HDR students to hear about interesting topics they’ve come across during their studies.
Speakers
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Description
Abstract: Inspired by Steven’s last graduate seminar talk, I will follow up with a theoretical game theory talk discussing Von Neumann’s Minimax theorem and Nash equilibrium. The minimax theorem, regarded as one of the first fundamental results in game theory, deals with zero-sum two-player games. Extending beyond two-player settings, Nash defined an equilibrium concept for n-player games, now known as the Nash equilibrium and also proved the existence of an equilibrium point in n-player games with finite strategy sets. I will go through the proof of both theorems with some interesting game examples.
Location
Hanna Neumann, Seminar Room 1.33