Difference between revisions of "Theories List"

From immortal gurmat
Jump to navigation Jump to search
Line 4: Line 4:
 
====Institutional theory====
 
====Institutional theory====
 
Regarding behaviour and how things become normal.
 
Regarding behaviour and how things become normal.
 +
Way in which agreements become institutionalized. (taken for granted)
 +
 
====Game theory====
 
====Game theory====
 
Summarizing things as a game. (according to players, strategies, and payoffs)
 
Summarizing things as a game. (according to players, strategies, and payoffs)

Revision as of 16:00, 17 June 2020

Theories

Premodern

Institutional theory

Regarding behaviour and how things become normal. Way in which agreements become institutionalized. (taken for granted)

Game theory

Summarizing things as a game. (according to players, strategies, and payoffs) Actions depending on what the other side would do. Put choices into matrix often summarizes things easily. (called normal form)

Dominant strategy

Has best payoff no matter what the other player chooses.

Dominant equilibrium

Both sides choose dominant strategy.

Organizational theory

Ancient

Nihilism

Modern

Circle of Mothers

Circle of Mothers is to bring together mothers who have lost children or family members due to senseless gun violence for the purpose of healing, empowerment, and fellowship towards the larger aim of community building.