Non-cooperative games
ID: non-cooperative-games
Non-cooperative games are a branch of game theory where players make decisions independently and strategically, without collaborating or forming binding agreements with each other. In these games, each player aims to maximize their own payoff, considering the potential actions of other players, but does not cooperate to achieve a collective goal. Key characteristics of non-cooperative games include: 1. **Individual Payoffs**: Each player’s strategy is aimed at maximizing their own payoff, which means they act in their own self-interest.
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