ABSTRACT

In order to optimize a game, different techniques of optimization are available. Considering the far wide application of game theory it becomes essential to establish the most effective method of optimization of games. In this paper a discussion has been done about the types of games under consideration and the methods to optimize these games. The paper takes into account games of pure and mixed strategies and stable and unstable games. Different techniques of optimization are assessed using various detailed examples and theoretical concepts. By studying the payoffs and cooperation between different players in different techniques the paper establishes a common ground of comparison for testing the efficiency of the techniques .The paper also suggests the advantages and disadvantages of each optimization technique with respect to an algorithmic point of view.