Saturday, March 31, 2012

Game Theory Branching Out

Newday's article "Research and Markets: Game Theory and Learning for Wireless Networks. Fundamentals and Applications" talks about how game theory can be used in many fields of study. Game theory was originally used in economic settings, but recently it has branched out onto many other fields such as medicine, history, and technology. The article states, "theory can be used to solve prevalent problems in wireless networks such as power control, resource allocation or medium access control." This explains how companies can use game theory to fix problems that hinder them from ideally selling their service to customers. The article also talks about how game theory can be used in reference to helping deal with WiFi problems.


This article is an example of how game theory can be used in more than just economics. Game theory is a topic that can be used to solve problems in many industries to allow them to better serve their customers. Game theory can help properly facilitate distributing certain goods such as WiFi and cell services to the general public in a more efficient manner

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