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Game Theory
A field of study that models and analyzes strategic interactions among rational decision-makers.
Game Theory
A study of strategic decision making, analyzing interactions with formalized incentive structures ("games").
Strategic Choices
Decisions made by individuals or organizations that have significant long-term implications on their objectives and activities.
Prisoners' Dilemma
A situation in game theory where two individuals acting in their own self-interest do not produce the optimal outcome for either party.
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