ECN214 Games And Strategies Assignment Sample

Leveraging game theory to build stronger, more cohesive communities through strategic interaction and cooperation.

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Introduction Of Strategies for Enhancing Community Interactions with Game Theory Assignment

The task I: Briefing document

Topic: Neighbours and Communities

Until relatively new, most of the people in the world were raised, lived their lives and died within 15 or 20 miles of their birthplace. For those people, their community meant their knowledge about the families as well as the neighbourhood, familiar place a daily rhythm, customers and social systems that they apprehended and the job they had accomplished from childhood. Several peoples find themselves far from this birth origin with greater social and physical mobility and with emigration (Gorter et al.2020). They lived in a community that cannot be described through common identity, culture and knowledge, however, there is known by their economic or geographic situations. They may be unknown of their neighbours rather than knowing their neighbours since childhood.

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The strategies involve playing games with neighbours and community draws positive outcomes from the players and the community. The theory describes here help to understand the circumstances of different people resulting positive outcome of the game. The cooperative game theory helps to negotiate among themselves with the binding contracts that plan the strategies jointly. Cooperative game suits thee best for the community as all the members of that community can jointly participate in any game resulting increase in social interaction, trust and other positive factors of living in healthy society. This theory helps to develop problem-solving skills in the community and can withstand and fight against any adverse conditions in the society collectively and individually. Coalition game theory is the preliminary game that represents an agreement and all the players forms a single entity. Hedonic games are commonly associated with the coalition theory of games such as stable marriage, residence problem and stable roommate.

The game theories involve decision in everyday life and it can be taken individually or collectively in the community. The coalition of communities in the society provides the opportunities to combine the resources and advantage from diverse and multiple resources. The two types of game strategies advantage the community largely such as raising awareness of the issue and create a common goal to provide efficient solution to such rising problem by seeking participation from all the members in optimizing and achieving the goals. Coalition helps to produce a specific change by cooperation of members in the community, yet it cannot be achieve individually or by separate organization.

Community is derived from the Latin word communities which means common. A community can be defined as a group of people that are known Rio each other with starring their common cultural assumptions, concern, goals and interests. That is due to their sharing lives and sharing emotions. Hence to develop a community in small towns, large cities or in rural locations it has been required to bring the people together. So they can interact with each other and learn about each other's cultural aspects. That also helps them to establish common concerns goals and interests. While in large cities, peoples live together but do not know each other this is due to their isolated mentality or being surrounded by others who are from different cultures or languages.

They would love to live together with those people who have similar languages or similar cultures as themselves. For this, there is a need for proper interactions as people can be aware of different cultures or languages. This can help to down the barriers that are related to the psychological and physical aspects that people, as well as communities, establish (Ashton et al.2020). By forming a space in that all the community members can mingle naturally and be known to each other as people, in the true meaning, the community can be a community. That became the place in which people can love to stay with each other and share their feelings, emotions, knowledge, cultural care and respect. Some types of neighbourhoods are vital, relatively overflowing cohesive with their actions. Though this they can deliver all the advantages.

Through well-developed neighbourhoods, crime can be eliminated from the community. With cohesive neighbourhoods, society can possess lower crime levels including further suggestions that reflect that cohesion is responsible for eliminating crime from society. It also helps to develop healthy environments. As neighbourhood actions are connected with interpersonal support as well as social support that society will become stronger. Potentially supported environments help to live healthy and provided long-term health. Along with that Jiaet al.(2020) stated that an adequate type of neighbourhood is best for children. Additionally, through this, they can learn how to respect each other and learn about several asocial learning. This can help to establish more resilient, adequately adapted and goal-oriented young people. On the other hand, Kramer et al.(2020) opined that a better neighbourhood can help stimulate local economic circumstances as it helps to learn about the helping approaches of supporting local merchants as well as attracting local cooperation. This also helps to make an expansion of social contact by helping to gather several different pieces of knowledge. Those contacts include several economic matters such as job-leading approaches, product discounts, supporting loan applications, and bearing legal experiences.

There are other types of neighbourhoods those describes as remote and cold in that neighbours are fairly known to each other and they do not care for each other. They do not have time for anything that leads towards another responsibility. These types of neighbourhood are in minority. However originally, the neighbourhood enhances the cordial, willing, pleasant actions for their living (Su et al.2019). The responsibility is great outside of the neighbourhood and doesn't make attention towards neighbouring affairs. The adequate method to make more interactions between neighbourhood is to find some questions answered such as “Does the resident have faith in neighbours during an issue occurs that needs immediate actions to resolve as soon as possible?”

The interaction can be promoted through increasing opportunities for enhancing contact among neighbourhood locals. Though they will come to know each other, can enhance their trust in each other and gain more knowledge and opportunities. That also enhances their collaborative society work by enhancing their social interactions. In another context it can be said that hum relationship's natural progression that comes from making interactions by building acting, liking, trusting and knowing. By enhancing the possibility of communication an individual can stimulate their growth along with the whole connection chain.

The interactions can be schedule kind of interactions that could be done through neighbourhood gatherings, meetings or events (Kim, 2019). However, sometimes scheduling interactions can also help to enhance communication such as informal meetings or unplanned interactions. Those types of meetings also encourage adequate neighbourhoodcircumstances. For this neighbours can create physical space that can help to make promotions in the interactions. Along with that after creating the space some events can be organised to make it more effective. And once both the sCMS/admin/users/login?redirect=%2Fadmin%2Fpagespace and the opportunities have been created “neighbour-related services” can be supplied.

Pollution among the society degrades the living standards of the community and so adequate strategy undertaken to minimize the harmful effects of pollution that affect the community. Pollution play a key role in affecting the lives of the people and is solve by various strategy method acquire during the planning and execution of the plan by the community members. People are concern about the change weather condition and affection on their lives by deadly disease that increase the risk of dead in their lifecycle.

The people use refrigerators and air conditioners that indirectly increase the level of global warming and affect the environment. The solution to the problem made by neighbours in the community to reduce or minimize the use of electricity that may reduce the harmful effects of the global warming. Pollution also results from solid waste materials from the houses involving land and solid waste pollution and these results due to improper dumping of the solid waste. The neighbours in the society to get the green environment so to sustain their life in near future normally play conventional games. These games help to foster new life cycle in the production of green world. The game is so play that each individual is assign to his or her specific task and incompletion of any task can lose the game of green development.

The game is to play not by the individual but collectively in the community with a plan that low amount of solid waste need to be dispose from their homes that would help the management to disposed the waste effectively and reduce the level of land pollution. The community garbage took a collectively initiative of not burning the garbage at it creates air pollution and reduces the use of plastic products to minimize the pollution and health hazards. The activities of increasing pollution in the environment includes driving vehicles and so now the government had introduce e vehicles to remove the harmful substances release from petrol vehicles, burning coal and wood is replace by CNG gas and manufacturing chemicals. The government along with neighbourhood and communities had air quality monitoring system and involve different management initiatives to control the air pollution crisis.

Additionally, it can be argued that for enhancing neighbourhoodinteraction,individuals’needs to fairly know their neighbours and their thought process. In case any individual has to make interactions with their neighbours he or she needs to take the neighbour’s feelings and concerns into their mind (Stollenwerk, et al.2021). After knowing the concern and needs an individual can be adequately prepared for interactions effectively and responsibly. For learning neighbours’ concerns and requirements an individual has to talk informally, listen to them with patience, and attend public hearings and many more.

Task II: Strategic analysis

Introduce the strategic situation you have chosen to analyze

This study deals with the discussion of the strategic situation that is selected for performing an analysis. The name of the strategic situation or the game selected for analysis is “Game for Peace” and has a competitive market in the Asian Market. This strategic situation is a battle royal game that was developed by Quantum and Light speed.This strategic situation was chosen because it has all the variables and resources that required playing with respect to the conventional and bargaining games.

Explain why this situation is relevant and interesting

This situation is the chosen one and is interesting because it will allow in having a clear idea about the subparts associated with the topic. Moreover, it allows for having a clear idea about the strategic dynamics and the model simplifications of the game. Apart from that “Game for Peace” is the most famous one in the Asian Market and has more than 50 million active players on a daily basis. This game comprises an exclusivity of competitive battle royal survival, which makes it more interesting to discuss.

Game theory is describedas the study of the method in that interacting preferences of the financial voices can generate adequate outcomes with the reference to the utilities or importance of those voices (Liu et al.2019). In that, no agents might have planned the result of asking.The game theory is so design that it needs coordination of the city residents to display the combination of conventional and bargaining games. The social interaction is the major theme of this theory that depicts all the necessary participants need for valuable outcomes.

Game Description

Title of the game

Public space

Players of the game

City residents

Scenario

In a densely populated city, there is a public square that serves as a popular gathering spot for various community events, concerts, and festivals. However, due to the recent economic downturn, the city council has proposed a budget cut for the square's maintenance and cleaning services. This decision has sparked a debate among the residents on whether they should contribute to the square's maintenance voluntarily.

Actions

Contribute to the square's maintenance (C)

Do not contribute to the square's maintenance (NC)

Playoffs

The payoffs represent the satisfaction/utility each player gets from their decision.

If all residents (A, B, C, and D) contribute to the square's maintenance, they all receive a payoff of +3, as the square remains well-maintained and enjoyable for everyone.

If only one or two residents contribute, they receive a payoff of +1, as the square's maintenance will still suffer, but they feel good about contributing.

If no one contributes, everyone receives a payoff of -1, as the square's condition deteriorates, and the overall experience is negatively affectedIntroduction.

If a resident chooses not to contribute while others do, they receive a payoff of +5, as they benefit from the well-maintained square without bearing any cost.

Outcome

This scenario is where each resident has an individual incentive to not contribute and benefit from others' contributions. However, if everyone follows this logic, no one will contribute, and the square's condition will deteriorate, leaving everyone worse off.

To solve this dilemma, residents can collectively agree to contribute, either through a community-driven initiative or a volunteer-based program. This will ensure that the square remains a vibrant and enjoyable space for everyone to gather, and the residents will receive a collective payoff of +3.

Possible outcomes and players' preferences over these outcomes

This strategic situation is mainly based on full control of the user over the game. This specialty of the strategic situation allows for having full control over every situation or outcome that can be gained. However, this strategic situation has different types of possible outcomes as it helps the players to increase their response timing, encourages team-building activities, and idealizes critical thinking. As per the view of Changet al. (2020), it can be said that team building and critical thinking allow for the development of different types of skills and brings up teamwork in every individual.

Model Simplification and Assumptions

Simplifications for creating a tractable model

The traceable model includes various simplifications. According to Devarajet al. (2022) modeling assumptions are required if the assumptions made are inaccurate and might not be false to reflect data with accurate prediction. Thus, simplifications are included in a traceable model for simplifying the analysis.

Justification of choices for preserving the strategic essence of the situation

It can be said that Game for Peace requires different kinds of simplifications to run smoothly and preserve its essence over time. Thus, the implications allow for idealizing the different kinds of choices made by the players and acting accordingly to the gained responses. Apart from that, creating a traceable model helps in predicting the behavior and building up different acceptance bounds (Bio.libretexts.org, 2020)

Game-Theoretic Analysis

Game-theoretic tools for analyzing traceable model

Different kinds of tools are required for designing the game and then making it possible for having the symmetry of a “2-player game”. So, game-theoretic tools can be used for analyzing a traceable model. Modeling assumptions are required if the assumptions made are inaccurate and might not be false to reflect data with accurate prediction. This can be used for gaining an opportunity for revising the overall strategy with game-theoretic tools.

Types of Coordinate games

Convention Games

The convention games provide the chance to experience exclusive games and help the individual to recognize and know the facts about technology, prices and upcoming titles and the gaming software. The biggest gaming conference that is recognizing in the world is the GDC also known as Game Developers Conference and is the largest professional industry in Europe. The convention game distinguishes itself from others by focusing on games and the guests of the game industry, despite being part of hobby convention and science fiction convention. The most popular game such as World Broad gaming Championship and Prezcorn are significant strategically game to play with the neighbors of the society (Mizrahi et al.2020). Dealer room is available in every convention games for the game manufacturers and the game selling companies to deal with the prices of the game and the companies chooses the cons of the game for attracting the consumers and reveal the new products. Conventions that existin the society to coordinate effectively with the people are navigation in the traffic, speaking different languages, and coordination with the teammates. Conventional games are also known as educational drama work of different writers that improvised the drama without the script and attract the external audience. The most popular game occurs in UK isEuro gamer Expo famous for video games organized by Gamer Network in the trade fair. Around four thousand people attended the first Euro gamer that takes place at Old Truman Brewery in the year 2008.

Common Interest Games

Common interest games that whirl round in the society and took the participation of every individuals to perform the action according to the individuals. The common interest game of the neighbors in the society focuses on the Activities, leisure, hobbies and fandom of the online commodities. The different strategies that involve playing game togetherwith the neighbor are cooking home meal together, Offering small gifts, starting a fundraiser, and helping anonymously by having partnership with the community organization. The common interest game that helps the member of the society develops self-confidence and decision making skills. Decision-making and solving problems skills helps the person to learn practical life lesson that helps them to make new decisions in their life. The different common interest games are Hide and seek, four squares, Hopscotch, Capture the Flag and Kick the Can. This common interest game develops good bonding with the strangers and helps the society to develop better effective solution in tragedy situations (Lerer et al. 2020). The convention games are the traditions of the society and so common interest are usually seems to develop among the members.

Bargaining games

Bargaining games are most common found in the societies of United Kingdom that divides the profits of playing the games among themselves. These games involves different times negotiations to derive the suitable strategy of the game that is played. The profit of bargaining is that one can go back to the point in case the bargaining fails referring a strong reversion point for the basic claim of bargaining theory (Papadopoulos and Ioannou, 2022). Nash solution is one of the most popular bargaining games along with Kali-Smorodinsky solution that satisfies the solution of the concept. Bargaining is associated with almost all the types of disciplines that investigate the social economic characteristics of the participants and generally, the bargaining behavior has three experimental economic games such as trade, trust and public goods.

Strategic Dynamics and expected outcomes

At the time of implementing several principles, game-theoretic tools come with different strategic dynamics. This becomes one notable used tool in the study of economics and business. These strategic dynamics include several instances such the strategic situations involve on how the 2 different competitors will react with the help of the models and decide whether any of the firms can acquire the other.

Enhancements to the model

There might be some minor imperfect information that might lead to repetitive actions.

Comparative Statics and Further Analysis

Relevant parameters

There are differentparameters which include forward traceability, bi-directional traceability, and matrix of backward traceability (Omer and Mahmoud, 2021).

Implications of sub game perfection

According to the study by Guo (2018) suggests that “sub game perfection”is considered as therefinement that is included in“Nash equilibrium”.However, it creates a strategy profile for which it represents theNash equilibriumin every sub game. This can be seen for most of the sub game that are their original games.

In game theory, players' actions and the order in which they execute those actions are examined. Players can select from a variety of options, and the order in which they take those actions can significantly affect how the game turns out. The game's regulations or the players' preferences are only two examples of the many variables that might affect the sequence of play. Players may have to make decisions simultaneously in some games, while they take turns in other games.

Conclusion

The strategic analysis allowed having a clear idea about the strategic situation and the strategic dynamics that are implemented. The implications allow for idealizing the different kinds of choices made by the players and acting accordingly to the gained responses.However, for the implication of the results in real-world situations, it might be fully applicable. This is because in-game-theoretic tools precise commands and interactions are provided from the first hand. So, it can be said that this might not have any complications if the results are compared and contrasted to the “real-world situation”.Conventional and Bargaining method of playing games in coordination with mixture types of games help to develop game theory and derives the variable output of the game. The strategic analysis helps to reach the result of the game including some negotiatios that is the part of the bargaining game.

References

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