View Single Post
  #54  
Old 05-10-2005, 01:33 AM
eastbay eastbay is offline
Senior Member
 
Join Date: Nov 2003
Posts: 647
Default Re: empirical equity study

[ QUOTE ]
[ QUOTE ]
There is actually an algorithm in game theory, I've forgotten the name of it, which is guaranteed to find optimal strategies that works pretty much exactly like this.


[/ QUOTE ]

Trial and error? [img]/images/graemlins/smile.gif[/img]



Seriously now, were you thinking of backwards induction a/k/a rollback a/k/a Zermelo's algorithm? If so, my recollection is that it applies to games of perfect information. Cite. If not, I'd like to hear more about what you were thinking of, since I'm trying to learn some more game theory.

The Shadow

[/ QUOTE ]

Ha. No, that's not it. It's in every game theory 101 book I've ever read, though. The analogy may not be perfect, but the basic idea of iterating strategies and adjusting based on past results is there.

eastbay
Reply With Quote