Game Theory Project

Introduction of the First Phase of the Game Theory Project Over the past 20 years, decisions regarding expansion of the transmission network became more difficult. In fact, the electricity sector is segmented, and the electricity market is now a competitive market. Therefore, the transmission expansion plan no longer meets the traditional planning criteria. As a result, a new technology to cope with the transmission extension problem TEP has been developed. Various optimization techniques, such as genetic algorithm (GA), tabu search (TS), several heuristic and metaheuristic techniques are often used to solve TEP.

In fact, this problem is closely related to game theory and optimization problems. Game theory is to study human conflict and cooperation under competitive circumstances. In several ways, game theory is a strategic science, or at least independent competitive participant's best decision in a strategic environment. The main pioneers of game theory are mathematicians John von Neumann and John Nash, and economist Oscar Morgenstern. Move by Nature is an interesting concept that means making decisions and actions in a wide range of players' games without strategic interest in the results. The effect is to add a "natural" player whose actual effect is to act as a random number generator. For example, if a dealer needs to select a license card in a poker game, the dealer plays the role of a natural player.

The focus of game theory is a game that acts as a model of interactive context between rational players. The key to game theory is that the reward of one player depends on the strategy performed by another player. The game identifies the player's identity, preferences and available strategies, and how these strategies affect the results. Depending on the model, various other requirements and assumptions may be required. Game theory revolutionized economics by solving important problems in previous mathematical economic models. For example, neoclassical economics is difficult to understand entrepreneurs' expectations and can not deal with incomplete competition. Game theory focuses from steady equilibrium to market process

Games and strategies have been studied for thousands of years, but the game theory we used today was obtained in the book "Game Theory and Economic Behavior" published by John von Neumann and Oscar Morgan Stern in 1944 It was. Strict definition game theory can provide important insight. Logic and mathematics are struggling. However, if indicators and values ​​allow it, there is a possibility that the best choice proposed in game theory will balance terrorism such as arms race competition and cold war. Von Neumann collaborated with the Manhattan Project and co-authored this basic book while creating an atomic bomb. After World War II, he was extremely enthusiastic about running nuclear weapons against the Soviet Union before showing his nuclear capability in 1948. He imagined that preventive war would save more lives than war between two nuclear weapons. He also promoted intercontinental ballistic missiles to expand the scope of nuclear weapons to fight the world. Von Neumann is admired as the term "mutual guarantee of destruction" (MAD)