To say that game theory assumes people make purposeful choices with limited resources implies that players in a game seek to
A)maximize their payoffs.
B)stop the game.
C)maximize their total revenue.
D)defeat their opponents.
E)cooperate with other players.

Question

Quizplus · Accepted Answer

Game theory assumes that players are rational and seek to maximize their payoffs, which is the key assumption in decision-making under uncertainty.

To Say That Game Theory Assumes People Make Purposeful Choices