Game Teory
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Game Theory
A game is a formal representation of a situation in which a number of individuals interact in a setting of strategic interdependence.
A game contains the following elements:
1. The set of players that are involved in the game.
2. The rules: who moves when? What do they know when they move? What can they do?
3. The Outcome: For each set of actions by the players (from the set defined in "what can they do"), what is the outcome of the game?
4...