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June 3rd, 2011, 08:08 AM   #1
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Applying game theory...

Hi,
If game theory can indeed by applied directly, there should be games such that
the players have consistent and mutually comparable utility functions, out there,
IRL as we say on web. Anyone come across an application in that sense?

Bye now,
Jan
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June 3rd, 2011, 08:38 AM   #2
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Re: Applying game theory...

Moved to Economics.

I'm not really sure what's being asked. To a first approximation, utility is proportional to money in games where bargaining is permitted, giving a large class of games mutually comparable (indeed, linearly related) utility functions. But I doubt this is what you meant, else you would not have asked the question.
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