Game theory identifies players' optimal strategies in the face of interdependence and uncertainty . Games can be divided into two-person and n-person games, zero-sum and nonzero-sum games, and coopera..
Game theory identifies players' optimal strategies in the face of interdependence and uncertainty . Games can be divided into two-person and n-person games, zero-sum and nonzero-sum games, and cooperative and non-cooperative games. Although this paper does not touch upon all of these aspects of game theory, it does offer a nice introduction of game theory and its applications for those who are not mathematical specialists.
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