Game theory is the study of
(a) Selecting optimal strategies
(c) Giving equal outcome to participants
(b) resolving conflict between players
(d) none of these
Answers
Answered by
1
Answer:
None of these
Explanation:
Actually game theory is the study of mathematical interactions among rational decision makers
Answered by
0
Answer:
Game Theory can be applied to seek out optimal strategies.
Explanation:
Game Theory essential describes the pros and cons of a fixed permutation of situations. In economics, it uses the analogy of two robbers to illustrate how to get both to confess.
This has applications beyond economics. It can be applied to politics, mathematics, pscyhology and many other fields.
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