INTRODUCTION
In data science technology, there are two
techniques which are ruling the industry at the present time. We have
frequently heard their names that are artificial intelligence and machine
learning. Artificial intelligence is not technology, but it is a study of
making the machines intelligent. We can say that machine learning is an
application of artificial
intelligence. Two concepts which are majorly used
in artificial intelligence are neural networks and game theory. The neural
network is a whole different concept from the game theory.
WHAT IS GAME THEORY?
Game theory is nothing but a branch of
mathematics in which the concept of mathematics is implemented for the
computation and implementation of games. At the present time, game theory is
playing an important role in artificial intelligence. It is very obvious
that the perfect application of the concepts of game theory is the games. It
has been noticed that the techniques, artificial intelligence and game theory
would perform better when implemented together.
GAME THEORY AND ARTIFICIAL INTELLIGENCE
Game theory has been used in
this field for adding some new and smart services to the applications of
artificial intelligence. In the last few
years, we have seen and played many games in which we can play with multiple
players at the same time. At the earlier time, there were no such facilities.
This concept of the interaction of multiple players at the same time has
evolved with the help of artificial intelligence technique. The combination of artificial
intelligence and game theory is always suitable when we want to work in an environment of multiple
people. This combination is not too beneficial for a single user environment.
Here, game theory is frequently called as the game dynamics. The environment
where an artificial intelligence system deals with multiple users is known as
multiple agent artificial system.
WHAT IS PARTICIPANT DESIGN?
We can understand from the name of this terminology that it revolves
around the decisions which are made by the participants. Basically, it is used
for optimizing the decisions made by the participants. It is done so that the
user can take the maximum advantage of the services.
WHAT IS MECHANISM DESIGN?
Mechanism designing is used for designing the games for a group of
intelligent people. For example, auction. In an auction, only those people
participate who know how to purchase a thing smartly for the best price.
TYPES OF GAMES
Here are some types of games which should be known to every data
scientist. They are listed below-->
·
Symmetric vs Asymmetric
·
Perfect information vs Imperfect information
·
Cooperative vs Non-Cooperative
·
Simultaneous vs Sequential
·
Zero-Sum vs Non-Zero Sum
WHAT IS SYMMETRIC VS ASYMMETRIC?
It has been said that the symmetric games are the simplest
classification among all classifications. As the name indicates, symmetric
games are those in which every player has the same goal, but each player uses a
different strategy to achieve it. The best example of this type of games would
be Ludo and chess. On the other hand, asymmetric games are those in which every
player has different goals with different strategies. Here, the best example
would be a business negotiation.
CONCLUSION
Game theory is a very interesting concept which is implemented in
artificial intelligence. Those who are interested in acquiring more knowledge
about any of the topics related to data
science course in Pune can enroll themselves here by clicking the link.
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