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Game Theory and Decisions

This topic is about how choices change when others are choosing too.

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About this topic

Game theory studies decisions when outcomes depend on what other people, systems or agents choose to do.

This area is perfect for active exploration: predict the strategy, test it, then look for the rule that changes the outcome.

Explore this through payoff tables, best responses and nash equilibrium, cooperation, trust and repeated games, voting systems and fairness.

Further exploration

Look up: Nash equilibrium

Explore next: voting systems and fairness

Try searching for: prisoner's dilemma repeated games