AN ECONOMIC SURVIVAL GAME
Abstract
A model of the economic survival game of a firm's profit is interpreted as the realized value of the market random variable. But it is not stated explicitly what the distribution of this random variable depends on. In terms of usage in decision theory, it may be said that it is determined by the world. So, in that sense, the economic survival game treated here belongs to the class of games against nature. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Sep 01, 1961
- Accession Number
- AD0267297
Entities
People
- Koichi Miyasawa
Organizations
- Princeton University