vault backup: 2025-11-21 15:31:28
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# Game Theory
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## Domains
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### Auction Theory
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[[auction-theory|Auction theory]] is a subset of game theory
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<!-- TODO: -->
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#### Reverse Auction
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In a reverse auction,
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bidders compete for the right to _sell_ a product or service.
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#### Sealed-Bid Auction
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Opposite of a conventional "open" auction,
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in a sealed-bid auction,
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bid prices are hidden from the bidders.
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[[uncertainty#Information]]
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<!-- TODO: -->
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## Terminology
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### "Solved" Games
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<!-- TODO: -->
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### Symmetry
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## Typical Games
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### Chicken
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| Player A \ Player B | Player B: Back Down | Player B: Hold Firm |
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|:------------------- |:-----------------------:|:-----------------------:|
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| Player A: Back Down | Tie \ Tie | Lose face \ Gain status |
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| Player A: Hold Firm | Gain status \ Lose face | Die \ Die |
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### Prisoner's Dilemma
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| Prisoner A \ Prisoner B | Prisoner B: Cooperate | Prisoner B: Defect |
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|:----------------------- |:---------------------------:|:-----------------------------:|
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| Prisoner A: Cooperate | Serve 1 year \ Serve 1 year | Serve 3 years \ Go free |
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| Prisoner A: Defect | Go free \ Serve 3 years | Serve 2 years \ Serve 2 years |
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### Stag Hunt
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| Hunter A \ Hunter B | Hunter B: Hunt Stag | Hunter B: Hunt Hare |
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|:------------------- |:--------------------:|:--------------------:|
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| Hunter A: Hunt Stag | Eat stag \ Eat stag | Go hungry \ Eat hare |
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| Hunter A: Hunt Hare | Eat hare \ Go hungry | Eat hare \ Eat hare |
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### Ultimatum Game
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### Dictator Game
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