Game Theory and its importance in EPNS
Ishaan07
Game theory is the study of how people behave rationally in situations where they are interdependent. An interaction analysis method for analyzing the interactions of a group of intelligent and strategic persons is described in detail below. When people think about game theory, they often think of broad logic and reasoning, despite the fact that it is based on pure mathematics and may be applied to any situation where humans interact or coordinate with one another, such as business situations. It was designated as a milestone in scientific research by the publication “Theory of Games and Economic Behavior” because game
