Game theory has been successfully applied in various fields such as economics, computer science, and political science. In economics, it is used to model and predict how markets will react to certain decisions. In computer science, it is used in artificial intelligence and machine learning to develop algorithms that can predict the best possible outcome. In political science, it is used to analyze and predict the outcome of elections and other political events. However, specific real-life examples are not provided in the content.
Have you ever had to dissect a complicated business scenario and were confused as to where to begin,...
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