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Popp
CONCORDIA UNIVERSITY
Title of paper: SYSTEMIC GAME THEORY: WERTERIAN APPROACH Address: 4650 CLANRANALD #16 MONTREAL, QUEBEC H3X 2R9 CANADA AWPOPP@HOTMAIL.COM
Email: Abstract:
The equilibrium in a game changes once additional information has been introduced. I make the distinction between the current stand of game theory and the systemic one. The latter takes into consideration the system in which a specific game is played. The types of players are analyzed and categorized. After describing the overarching system and providing some useful tools, a new methodology of analysis is introduced. 2 by 2 matrix examples are given in support of this new methodology. Looking at the broader picture, one can understand and predict specific situations, outcomes in the real world, not in a laboratory. KEYWORDS: Systemic game theory, higher power point, analogous vs. polar strategies. JEL codes C79. Game Theory and Bargaining Theory Other
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