Each one stress's his reasons to support this title; the following is my point of view!
Life is a Game; the nature of Game is Lottery. It means you gamble each time. Game has so many descriptions, I state my favorite picture. Games consist of players, rules and information. Players are individuals, agents, company, countries and cartels. Rules mean strategists, constraints and consequents. Information means observed utility, observed strategists and expectation. For simplification, thinks we have two players: developed countries which are rich and expert and developing countries which are poor and green. Players can coordinate or not. Information is perfect. It is a gamble. Rich one has K1 coins and poor one has
This is a simple game that can be solved by stochastic process. The poor country will lose after …… step and the probability of poor to win is less than ….. What happen if the players have the same knowledge? P=0.5.
7 comments:
az in k1 coins khosham umad engar!
bah bah, baradar hosein. be ghole hamvatananet nice 2c u here. benevis ma ham mesle hamishe estefade mikonim. sham ham yadet nare:D
Yes, Thats true. Life is a game but not a gamble where at least we should have been given the same chance to start over...!!!
pas cheraa neminevisi? checknevisesh ro ke neveshte boodi!!
apply economics or applied economics?
Welcome to US
Games depend on players.
Welcome to US
Games depend on players.
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