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Topic: Business
Number of pages / Number of words: 2 / 318
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Game theory uses models to study interactions in structures of formalized incentives (called games). It studies the election of the best conduct when the costs and benefits of each option are not fixed in advanced but they depend on the election of the other players.

There is a specific game case: the incomplete information game...


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Game theory uses models to study interactions in structures of formalized incentives (called games). It studies the election of the best conduct when the costs and benefits of each option are not fixed in advanced but they depend on the election of the other players.

There is a specific game case: the incomplete information game...


Essay fragment

General points of the essay

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