Game theory is widely used in various real-life scenarios. For instance, in economics, it is used to model competition and cooperation between intelligent rational decision-makers. In politics, game theory is used to model the behavior of voters, politicians, and governments. In computer science, it is used in artificial intelligence and cybernetics. In biology, it is used to understand and predict animal behavior. In social psychology, it is used to model social interactions and behaviors.
Have you ever had to dissect a complicated business scenario and were confused as to where to begin,...
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