Game theory studies decision-making in situations where different players interact and their outcomes depend on each other's choices. We will also think about the importance of game theory, and unlock the key to predicting and understanding human behavior in a variety of settings. Join us as we explore game theory, concepts, examples, and types.
Researchers realized that they can create games to study why certain outcomes are more likely, and what choices lead a player to a particular decision and called it game theory! This powerful and fascinating concept is defined as the study of strategic decision-making and has a wide range of applications across numerous fields. Who doesn't love games? What are some of your favorite games? Solving puzzles, adventure games, action games, or RPGs? Games allow us to solve problems and challenge ourselves to beat them.
