Game Theory Explained: Master Strategic Decisions Now
Understanding the Basics: What is Game Theory? Game theory, mense, isn't just about board games. It's a clever way to figure out what happens when people's choices affect each other. Think of it as a strategic thinking toolkit for any situation where multiple actors interact. It helps predict behaviour and allows you to make better decisions, whether you're negotiating a business deal or deciding what to have for supper. It’s all about understanding how your actions impact others, and vice versa....