Abstract:
Financial technology and dynamic learning are two of the most disruptive approaches of the century that have each shown massive potential value. Efforts are being made in...Show MoreMetadata
Abstract:
Financial technology and dynamic learning are two of the most disruptive approaches of the century that have each shown massive potential value. Efforts are being made in order to make the best use of a combination of both of these styles in order to make great leaps in progress. This paper covers one of these combinative techniques invaluable to all forms of learners - old and young alike. This technique is especially useful in cases like business strategy creation, which in recent years has seen an unprecedented amount of change and the key to strategic advancement as per this study's findings is to make use of Algorithmic game theory concepts within business strategy formulation, more specifically Prisoner's Dilemma; which most thriving businesses and economies find themselves trapped within. Another pertinent idea that has been introduced is the manner in which to incorporate this change. It is suggested to use a visual simulator which allows users to approach the problem in a game-like setting with a head-on or tournament matchmaking whereby users may choose their set of strategies and play to see results graphically to better aide their decision making. The study also includes the theoretical explanations of these findings as well as explanations of the strategies picked by the participants to ensure that no part of learning is amiss for the client. Thus, the study covers a comprehensive one-stop shop for all of the user's learning needs.
Date of Conference: 03-05 June 2021
Date Added to IEEE Xplore: 21 June 2021
ISBN Information: