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Game Theory
3–1 L E A R N I N G O U T C O M E S After reading this chapter, I will be able to: 1.Define planning. 2.Explain the potential benefits of planning. 3.Identify.
1 What is Game Theory About? r Analysis of situations where conflict of interests is present r Goal is to prescribe how conflicts can be resolved 2 2 r.
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Game Theory II. Definition of Nash Equilibrium A game has n players. Each player i has a strategy set S i –This is his possible actions Each player has.