Game theory is
A) the study of strategy and strategic behavior.
B) focused on competition between two distinct rivals.
C) a methodology to accomplish winning results in games of chance.
D) a strategy that requires cooperation when multiple parties are involved.

Question

Quizplus · Accepted Answer

Game theory is the study of strategy and strategic behavior, analyzing how individuals or groups make decisions in situations where the outcome depends on the actions of others.

Game Theory Is