= Game theory
{wiki=Game_theory}
Game theory is a mathematical framework used for analyzing situations in which multiple players make decisions that affect one another's outcomes. It provides tools to model and predict the behavior of individuals or groups when they are confronted with competitive or cooperative situations. Key concepts in game theory include: 1. **Players**: The decision-makers in the game, which can be individuals, groups, or organizations. 2. **Strategies**: The plans of action or choices available to the players.
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