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Matching pennies information


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Matching pennies

Matching pennies is a non-cooperative game studied in game theory. It is played between two players, Even and Odd. Each player has a penny and must secretly turn the penny to heads or tails. The players then reveal their choices simultaneously. If the pennies match (both heads or both tails), then Even wins and keeps both pennies. If the pennies do not match (one heads and one tails), then Odd wins and keeps both pennies.

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Matching pennies

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and keeps both pennies. If the pennies do not match (one heads and one tails), then Odd wins and keeps both pennies. Matching Pennies is a zero-sum game...

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Best response

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logically identical. One well-known game with payoff asymmetries is the matching pennies game. In this game one player, the row player — graphed on the y dimension...

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List of games in game theory

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"Deadlock". GameTheory.net. Retrieved September 30, 2006. Shor, Mikhael. "Matching Pennies". GameTheory.net. Retrieved September 30, 2006. Shor, Mikhael. "Prisoner's...

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Nash equilibrium

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analysing strategies in marketing, even penalty kicks in football (see matching pennies), energy systems, transportation systems, evacuation problems and wireless...

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Proper equilibrium

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profiles. The game to the right is a variant of Matching Pennies. Player 1 (row player) hides a penny and if Player 2 (column player) guesses correctly...

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Monty Hall problem

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game Volunteer's dilemma Dollar auction Battle of the sexes Stag hunt Matching pennies Ultimatum game Rock paper scissors Pirate game Dictator game Public...

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Solving chess

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game Volunteer's dilemma Dollar auction Battle of the sexes Stag hunt Matching pennies Ultimatum game Rock paper scissors Pirate game Dictator game Public...

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Rock paper scissors

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they will win the cash prize. Games portal Chopsticks (hand game) Matching pennies, the binary equivalent Morra (game), another hand game for deciding...

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Game theory

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exactly the amount one's opponents lose. Other zero-sum games include matching pennies and most classical board games including Go and chess. Many games studied...

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Rationalizability

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generalization of Nash equilibrium concept. As an example, consider the game matching pennies pictured to the right. In this game the only Nash equilibrium is row...

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Coordination game

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equilibrium is mixed. The canonical example of a discoordination game is the matching pennies game. Collective action Consensus decision-making Cooperative game...

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Quantum game theory

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which details a quantum version of the classical game theory game, matching pennies. In the quantum version, players are allowed access to quantum signals...

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Penny Chenery

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racing. Although Penny Chenery gets the credit for managing Secretariat's racing career, Christopher Chenery was the genius behind the matching of Somethingroyal...

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Determinacy

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game Volunteer's dilemma Dollar auction Battle of the sexes Stag hunt Matching pennies Ultimatum game Rock paper scissors Pirate game Dictator game Public...

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Blotto game

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Mixed Nash Equilibria (such as can be found in Paper-Rock-Scissors or Matching Pennies as much simpler examples). Macdonell and Mastronardi 2015 solution...

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Order matching system

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An order matching system or simply matching system is an electronic system that matches buy and sell orders for a stock market, commodity market or other...

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Quantal response equilibrium

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from laboratory experiments, particularly from experiments with the matching pennies game, Nash equilibrium can be unforgiving. Any non-equilibrium move...

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Cecilia Heyes

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PMID 23251653. Belot, M.; Crawford, V. P.; Heyes, C. M. (2013). "Players of 'matching pennies' automatically imitate opponents' gestures against strong incentives"...

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Penny Lane

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"Penny Lane" is a song by the English rock band the Beatles that was released as a double A-side single with "Strawberry Fields Forever" in February 1967...

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