I am looking for some unsolved problems in elementary game theory (no calculus, etc.) that have real-world applications and are not impractical to solve. It would be great if the games are not well-known.
Thanks for any suggestions.
I am looking for some unsolved problems in elementary game theory (no calculus, etc.) that have real-world applications and are not impractical to solve. It would be great if the games are not well-known.
Thanks for any suggestions.
Coordination games such as
9,9 0,7
7,0 8,8
are unsolvable in a sense (risk dominance vs payoff dominance). But in the real world, they might very well be part of a repeated game or be a widely played game, where that context strongly suggests a conventional coordination point. Real world examples are new electronic product standards, eg, USB standards.