___________ is the study of how people behave in strategic situations.

Question

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Game theory is the study of strategic decision-making. It is an analytical tool used to analyze and understand the behavior of individuals or organizations in interactive and interdependent situations. It provides a framework to study decision-making in situations where the outcome depends on the actions of multiple players. Administered prices, price leadership, and kinked demand are all concepts in microeconomics that do not directly relate to the study of strategic behavior.

___________ Is the Study of How People Behave in Strategic