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Game Theory Strategic Planning

Decision Analysis & Strategic Scenario Modeling

Apply game theory principles to strategic decision-making. Analyze scenarios, calculate optimal strategies, and predict outcomes using mathematical models of strategic interaction.

Scenario Types
Select a game theory model to analyze strategic situations
Strategic Scenarios
All active game theory scenarios
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Game Theory Fundamentals
Key concepts for strategic decision-making

Nash Equilibrium

A stable state where no player can improve their outcome by unilaterally changing their strategy. Each player's strategy is optimal given the strategies of all other players.

Dominant Strategy

A strategy that yields the best outcome for a player regardless of what strategies other players choose. If a dominant strategy exists, rational players will always choose it.

Prisoner's Dilemma

A classic scenario where two individuals acting in their own self-interest do not produce the optimal outcome. Cooperation would benefit both, but defection is individually rational.

Cooperative Games

Games where players can form binding commitments and coalitions. Focus is on how groups can cooperate and how to distribute the benefits of cooperation.

Zero-Sum Games

Situations where one player's gain is exactly balanced by another player's loss. Total utility remains constant - what one wins, another must lose.

Pareto Efficiency

An outcome where no player can be made better off without making another player worse off. Represents optimal resource allocation in game theory analysis.