Which one of the following is not a part of every game theory model?
A) Players
B) Payoffs
C) Probabilities
D) Strategies

Question

Quizplus · Accepted Answer

Game theory models always include players, payoffs, and strategies as essential components. Probabilities are not a necessary part of every game theory model; they are used in models of games of chance or incomplete information but are not a requirement for all game theoretical analyses.

Which One of the Following Is Not a Part of Every