Impulse Balance Theory and its Extension by an Additional Criterion

Impulse Balance Theory and its Extension by an Additional Criterion

Paperback (06 May 2015)

  • $9.84
Add to basket

Includes delivery to the United States

10+ copies available online - Usually dispatched within 7 days

Publisher's Synopsis

In this paper I present a description of the theory of impulse balance. This theory predicts a mixed strategy for every player in an arbitrary n-person game in normal form. However, this mixed strategy is not interpreted as the result of a process of rational deliberation, but rather the behavioral distribution of pure strategies in a long section of a supergame of the normal form game. In a business problem not directly treatable by impulse balance the theory can be applied nevertheless with the help of an additional criterion 70% correct long term predictions of the future distribution of decision behavior were obtained in the evaluation of first experiements.

Book information

ISBN: 9783734785283
Publisher: Books on Demand
Imprint: Books on Demand
Pub date:
Language: English
Number of pages: 24
Weight: 59g
Height: 254mm
Width: 178mm
Spine width: 1mm