Game theory is:
A)the study of how people behave strategically under different circumstances.
B)used by economists to evaluate behavior in a variety of settings.
C)a useful tool in predicting strategic behavior.
D)All of these statements are true.

Question

Quizplus · Accepted Answer

Game theory encompasses the study of strategic behavior in various circumstances, is widely used by economists to analyze behavior in diverse settings, and serves as a valuable tool for predicting strategic actions.

Game Theory Is