Modelling Cooperation, Competition, and Equilibrium: The Enduring Relevance of Game Theory in Shaping Economic Realities

This research paper delves into the multifaceted realm of game theory in economics, exploring the profound role this mathematical framework plays in deciphering the complexities of economic decision-making. Game theory, with its foundations in strategic interaction, offers insights into the dynamics...

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Bibliographic Details
Main Author: Priya Patel
Format: Article
Language:English
Published: Academic Chronicles Private Limited 2021-04-01
Series:Social Science Chronicle
Subjects:
Online Access:https://socialsciencechronicle.com/wp-content/uploads/2021-003.pdf
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