GAME THEORY For game theorists, a game is the interaction between two or more people wherein the payoff for each person is affected by the actions and decisions of other participants.
GAME THEORYAlthough game theory as a salient concept is relatively young, the principles behind game theory have for millennia allowed humans to anticipate the behavior of their fellows and work out compelling exchanges that suit everyone's self-interest, allowing people to benefit both individually and collectively.
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