A GAME-THEORETIC APPROACH TO ANALYZE ACADEMIC INTENT

Abstract

This research work aims to apply the game theory approach to analyze people’s preferences for academic intent. A set of factors influencing people’s choice between public and private schools was identified. The approach was to find a person’s preference based on those factors. To collect the relevant data, a form was circulated, and then by finding the saddle point using the minimax theorem in a two-person zero sum game the optimal strategy and the value of the game were determined. The outcome of the approach showed that the value of the game was 4 which concludes that the game was in favor of public schools and people prefer public schools more because of their cost of education while private schools attribute their preferences to the facilities provided by them.