Game theory is the study of ________.
A) policy analysis
B) strategic interactions
C) program evaluation
D) irrational decision making

Question

Quizplus · Accepted Answer

Game theory is the study of strategic interactions between rational actors or decision-makers in situations containing set rules and outcomes. It aims to analyze how these actors' decisions can affect the overall outcome of the situation. It is not concerned with policy analysis, program evaluation, or irrational decision making as its main focus is on strategic decision making.

Game Theory Is the Study of ________