Pages in this set

Page 1

Preview of page 1
Harry Bindloss




GAME THEORY
Game Theory: A special case of rational choice theory or strategic play, where humans are
mostly reasonable but their decisions depend on the behaviour of others. This
interdependence makes the strategies very hard to predict. A method of modelling of
strategic interaction between firms in an…

Page 2

Preview of page 2
Harry Bindloss

Comments

No comments have yet been made

Similar Economics resources:

See all Economics resources »