Game theory provides the most precise prescriptive advice to negotiators,on the condition that:
A)They do not lie.
B)All players are perfectly rational.
C)They focus on interests,and not on arguments.
D)They aware of their BATNAs.

Question

Quizplus · Accepted Answer

Game theory assumes that all players are perfectly rational, making decisions based on maximizing their own utility. This rationality assumption is crucial for the predictive accuracy of game theory models in negotiation and strategic decision-making contexts.

Game Theory Provides the Most Precise Prescriptive Advice to Negotiators,on