Games Theory Flashcards
1
Q
Game theoryis
A
atheoreticalframework for conceiving social situations among competing players. In some respects,game theoryis the science of strategy, or at least the optimal decision-making of independent and competing actors in a strategic setting
2
Q
The gist of the theory is
A
the rational behavior of men in d face of opposing parties who are expected to behave rationally too
3
Q
Its all about
A
conscious decision making
