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  1. 10 hours ago · 1.2 Basic Concepts of Game Theory. In 1928, von Neumann proved the basic principles of game theory, thus announcing the formal birth of game theory. In 1944, the epoch-making masterpiece Game Theory and Economic Behavior written by von Neumann and Morgenstein [] extended the two-person game to the structure of an n-person game, and systematically applied the game theory to the economic field ...

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