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Sep 22, 2023 · Game theory is a theoretical framework that is used for the optimal decision-making of players in a strategic setting. A key characteristic of game theory is that a player’s payoff is dependent on the strategy of other players.
Jul 25, 2023 · A monograph that presents the basic ideas of game theory from a psychological perspective, reviews experimental evidence up to the mid-1990s, and discusses applications of game theory to voting, evolution of cooperation, and moral philosophy.
Jun 27, 2017 · Game theory is a branch of decision theory focusing on interactive decisions, applicable whenever the actions of two or more decision makers jointly determine an outcome that affects them all.
Apr 12, 2022 · Game theory is the theoretical framework embraced by many mathematicians, psychologists, and economists as a tool for analyzing rational and strategic social interactions and decision-making.
- Harvardgazette
Jun 21, 2024 · Games are designed to produce behaviour approaching the complexity of the real world by being intuitive to players—that is, reflecting the assumptions that players bring to the game.
Jun 13, 2018 · Game theory is the mathematical analysis of interdependent systems composed of fitness- or utility-maximizing “actors” (e.g., humans, animals, genes, or viruses) whose success depends on the strategies of others. Introduction. Game theory is a useful tool for understanding interdependent systems.
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Neurosci. 754–60. [Google Scholar] Experimental games model situations in which the future outcomes of individuals and groups depend on their own choices and on those of other (groups of) individuals. Games are a powerful tool to identify the neural and psychological mechanisms underlying interpersonal and group cooperation and coordination.
