THE RELATIONSHIP BETWEEN AUCTION RULES AND BANACH-MAZUR’S GAME Cover Image

ZWIĄZKI MIĘDZY REGUŁAMI AUKCYJNYMI A GRAMI TYPU BANACHA-MAZURA
THE RELATIONSHIP BETWEEN AUCTION RULES AND BANACH-MAZUR’S GAME

Author(s): Ewa Drabik
Contributor(s): Iwona Drabik (Translator)
Subject(s): Economy, Methodology and research technology, Evaluation research
Published by: Wydawnictwo Naukowe Uniwersytetu Szczecińskiego
Keywords: Banach-Mazur games; modelling of economic phenomena; oral auctions; chess;

Summary/Abstract: Modelling economic phenomena, processes as well as a social interaction had been shaped over the years. The theory of mathematical models has own language, strictly specified form, depending on the nature of described issues. The game theory was firstly used for the description of economic phenomena in 1944’s by John von Neuman and Oscar Morgenstern in: „Theory of Games and Economic Behavior”. The game theory was turned out that to be an outstanding modelling device. But there are certain type of games, the so-called positional game with perfect information (Banach-Mazur games), which so far have not been applied in economy. The perfect information positional game is defined as the game during which at any time the choice is made by one of the players who is acquainted with the previous decision of his opponent. The game is run on the sequential basis. The aim of presentation is discuss selected Banach-Mazur games and to present some applications of positional game.

  • Issue Year: 2014
  • Issue No: 36/2
  • Page Range: 41-56
  • Page Count: 16
  • Language: Polish