Use of Game Theories in real life situations (Games and Strategies - Essay

Use of Game Theories in real life situations (Games and Strategies - ECON 201) - Essay Example These theories provided skeletons of what are seemingly hazy propensities of things. One of these theories is the game theory. Game theory is an instrument that can aid to elucidate and respond to the common problems in the society. Given that games usually expose or are interrelated with the features of real-life situations, they can put forward tactics or approaches for dealing with such conditions. The same with our abilities to comprehend the strategies of a certain player in a game, we can also forecast how an economy, political groups or nations behave in a given circumstance. This study will explore a particular application of Game Theory. This will elaborate on the advantages and benefits of using Game Theory in real-life situations. This will be a reflection of the use of Game Theory on the basis of the researchers’ individual observation of the society and the different disciplines encompassing it and not merely grounded on the existing and known applications that ca n be recovered from the internet. Today, the applications of Game Theory are extensive and proliferating. It has already transcended beyond the limits of economics, business and psychology which had been its prime beneficiary for so many years. At the present time, Game theory is already being used in several other disciplines including medicine, computer science, sports, healthcare and even in elections which will be the focus of this study. The basic principles embodied in Game Theory provide means of predicting the prospective outcome of any election, including those which do not provide cues or relative agencies that are helpful in forecasting election results. We present Game Theory by indulging in a game. We establish the game into different aspects including players, strategies and their causes. Also, we have understood that prior to making any decision, it is imperative that we should choose a certain goal. Similarly, we have studied that we

Domestic Violence Essay Example | Topics and Well Written Essays - 1750 words

Domestic Violence - Essay Example In recent times, reports show a wide estimate in their prevalence. In the US, it is affecting over 22% of the American women through their lifetime. Men are also falling subject to domestic violence however; in most cases, it is usually situational couple violence, therefore, likely to be physically unhurt. The following essay looks at the domestic violence situation to find out how wide spread the violence is in United States. It also looks at the current laws and initiatives put in place to counter the situation. Literature review One agreed upon definition of domestic violence are the willful intimidation, sexual assault, battery, physical assault or any other abusive behavior towards one partner by the other. Domestic violence in most cases leads to cases of psychological trauma, physical injury, and sometimes-even death. It is a fact that those women who are against violence in most cases they are often accompanied by controller comportment and emotionally abusive, which results to a systematic form of control and governance (National Coalition Against Domestic Violence 1). The NCADV fact sheet also contains a brief overview of the degree of domestic violence in the country. It states that statistically in every four women one is likely to experience or become a victim of domestic violence through her lifetime. ... The report also supports the argument that the cases of this abuse rarely goes to the police (National Coalition Against Domestic Violence 2). The US office of Justice is also concerned with the rise of unreported instances of domestic violence in the United States. Therefore, the department conducted various public researches on domestic violence and compiled a specific report on their findings in June 2009. The overview of the report starts with a statistical indication that between the periods of 1993 to 2005 the average rate of domestic violence per 1000 persons is 2.1 for men and 5.9 for women (Klein 1). According to the victims, the report narrates that a third of the victims reported actual physical abuse. Two thirds are those that are subject to threats by a physical attack or death. The rate of injury according to the study was over a half of the women victims. Most had mild injury marks with another percentage of about 4.5% having serious bodily harm. A percentage of about three faced sexual assault. The report also showed that women who had separated from the spouse faced a high chance of physical abuse than those who were still in their marriages. When it comes to reporting the cases and police arrest the reports shows that: a large proportion of the abuse victims tends to deny abuse contrary to the police findings and documentation. The research found that, around 29 per cent of the victims claim, there was no assault, however ironically the suspects in most situations admit to the offence with a disparity of 19 per cent (Klein, 5). According to a preliminary report by Manjoo for the U.N. special rapporteur on domestic violence against women, the poor minority together with immigrant women are