Normal-form Game - General Formulation

General Formulation

In order for a game to be in normal form, we are provided with the following data:

  • There is a finite set P of players, which we label {1, 2, ..., m}
  • Each player k in P has a finite number of pure strategies

A pure strategy profile is an association of strategies to players, that is an m-tuple

such that


A payoff function is a function

whose intended interpretation is the award given to a single player at the outcome of the game. Accordingly, to completely specify a game, the payoff function has to be specified for each player in the player set P= {1, 2, ..., m}.

Definition: A game in normal form is a structure

where:

is a set of players,

is an m-tuple of pure strategy sets, one for each player, and

is an m-tuple of payoff functions.

Read more about this topic:  Normal-form Game

Famous quotes containing the words general and/or formulation:

    You have lived longer than I have and perhaps may have formed a different judgment on better grounds; but my observations do not enable me to say I think integrity the characteristic of wealth. In general I believe the decisions of the people, in a body, will be more honest and more disinterested than those of wealthy men.
    Thomas Jefferson (1743–1826)

    You do not mean by mystery what a Catholic does. You mean an interesting uncertainty: the uncertainty ceasing interest ceases also.... But a Catholic by mystery means an incomprehensible certainty: without certainty, without formulation there is no interest;... the clearer the formulation the greater the interest.
    Gerard Manley Hopkins (1844–1889)