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Nash Equilibrium In Game Theory ~xRay Pixy

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 Video Link  CLICK HERE... Learn Nash Equilibrium In Game Theory Step-By-Step Using Examples. Video Chapters: Nash Equilibrium  00:00 Introduction 00:19 Topics Covered 00:33 Nash Equilibrium  01:55 Example 1  02:30 Example 2 04:46 Game Core Elements 06:41 Types of Game Strategies 06:55  Prisoner’s Dilemma  07:17  Prisoner’s Dilemma Example 3 09:16 Dominated Strategy  10:56 Applications 11:34 Conclusion The Nash Equilibrium is a concept in game theory that describes a situation where no player can benefit by changing their strategy while the other players keep their strategies unchanged.  No player can increase their payoff by changing their choice alone while others keep theirs the same. Example : If Chrysler, Ford, and GM each choose their production levels so that no company can make more money by changing their choice, it’s a Nash Equilibrium Prisoner’s Dilemma : Two criminals are arrested and interrogated separately. Each has two ...

Metaheuristics Performance Comparison | PSO vs JAYA Algorithm | ~xRay Pixy

Metaheuristics Performance Comparison


Comparison of the Metaheuristic Algorithms Performances Video Chapters: Introduction: 00:00 Metaheuristic Algorithms Applications: 01:41 Metaheuristics Comparision: 02:43 Testing Parameters: 06:16 Testing Output: 07:24 Optimal Values: 09:00 Computation Time: 12:00 Conclusion: 13:20 Questions Answered in this Video: Which is the best metaheuristic algorithm?

Learn how to Compare Metaheuristic Optimization Algorithms Performance using the Standard Test Functions.
Standard Test Functions used for Testing:
- Unimodel Test Functions
- Multi-Model Test Functions

Metaheuristics Algorithms used for Comparision:
- Particle Swarm Optimization (PSO) Algorithm
- Jaya Optimization Algorithm (JOA)

Testing Output is checked based on:
- Optimal Value
- Computation Time

Using these test functions we will analyze the algorithm's Stability, Convergence Speed, and Accuracy. The comparison between the two metaheuristics is done using the standard test functions. Standard test functions such as Unimodal test functions, Multi-model test functions, and Fixed Dimension test functions. We are using the standard test functions to verify the Effectiveness and Flexibility of these two metaheuristic optimization algorithms.
  • Unimodel Test Function: Unimodel test function reflects the Good convergence property and the exploitation capability of any metaheuristic algorithms. We can check the exploitation capability and the convergence of any metaheuristic using unimodal functions. In the unimodal test functions, the fitness curves represent the algorithm convergence speed.
  • Multi-model Test Functions: Multimodal test functions are used to test the Local search and Global searchability of any metaheuristic algorithm. We can say any algorithm is successful when there is a balance between the Local search and Global search which is the Exploitation phase and the Exploration phase. We can use the multi-model test functions to check the local search and the global search ability of any metaheuristic algorithm and we can also analyze the algorithm Stability, Convergence speed, and convergence accuracy.
  • Fixed Dimension Test Function: Fixed Dimension test functions are used for verification purposes. Fixed Dimension test functions are used for verification. We can verify the algorithm's stability, convergence speed, and accuracy.

We use three standard test functions to compare the Particle Swarm Optimization algorithm and the Jaya optimization algorithm to verify the Effectiveness, flexibility, and performance of metaheuristics. Jaya Optimization Algorithm provides better results as compared to Particle Swarm Optimization Algorithm.













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