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What is Game Theory?

Study of strategic decision making
elements of support for effective support of a system
the imitation of the operation of real-world process or system over time
decentralized communications model

1 Answer

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Answer:

the branch of mathematics concerned with the analysis of strategies for dealing with competitive situations where the outcome of a participant's choice of action depends critically on the actions of other participants

Step-by-step explanation:

In simple terms Game theory is the study of how and why people make decisions.

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