To economists,a game is:
A) any situation in which players pursue strategies designed to achieve their goals.
B) a trivial pursuit that should not be used to analyze the economy or its actors.
C) a way to simplify and minimize the true importance of situations like war.
D) All of these statements are true.

Question

Quizplus · Accepted Answer

Economists see games as situations where the players pursue strategies to achieve their goals, making choices based on the incentives given. This definition is broad and inclusive and can be applied to analyze economic and non-economic situations.

To Economists,a Game Is