Game theory can be applied in various fields such as economics, political science, psychology, computer science, biology, and even philosophy. In economics, it's used to model competition and cooperation between intelligent rational decision-makers. In political science, it's used to model the behavior of voters, politicians, and governments. In psychology, it's used to model social interactions and decision-making processes. In computer science, it's used in areas like artificial intelligence and networks. In biology, it's used to understand and predict the evolution of species. In philosophy, it's used to understand ethical and moral dilemmas.
Have you ever had to dissect a complicated business scenario and were confused as to where to begin,...
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