|
Optimum Gain Analysis Using the Principle of Game TheoryKeywords: Pay Off , Discrete , Continuous , Matrix Games , Maximizer , Minimizer. Abstract: The formulation of game problems is one of the most important tools that is being used to solve many practical problems. For example, organisations need to make decisions about how to locate their branches in different locations for optimum profit. This paper employs the principle of game theory to provide strategies required for optimal location of two competitive organisational branching systems.
|