Game Theory Essay Example | Topics and Well Written Essays - 3000 words

Game Theory - Essay ExampleIn context, Marx and his wife Anna be faced with sarcastic decisions in their life. Given that their marriage has been on the rocks for a period, each of them separately relies on the game surmisal as the route towards getting preferable choices in their marriage, which is one of the top techniques to resolve marital problems (Szuchman). In addition to being a couple, the two operate separate but similar businesses, on which they learn had fights because of their stiff competition. Their profiled problems start on Valentines twenty-four hour period, regarding the gifts they want to buy for each other and even continue to resolution of their business woes, whose best propositions are determined by the game theory. The couple requires solutions that will assuage their marriage and prosper their businesses using the best strategies.Scenario 1Marx wants to buy a comb for Anna this Valentines Day so that she can tend to her long hair. On the other hand, A nna would love to buy a articulatio radiocarpea strap for her husbands pocket watch, who has difficulties in keeping time at his place of work. contempt their perfect love for each other, neither has enough money to purchase the gift they would want to give.We whitethorn want to assume quite a different scenario, where the two lovers are in an uncertain short-term relationship and are self-centered. In this perspective, they do not care about each other, but are more concerned on the gains or losses they hope to make in the term of their relationship.