Informal game theory:
A) relies on deductive logic.
B) shows how the Nash equilibrium is reached.
C) assumes people calculate their optimal strategy.
D) considers how people actually think and behave.

Question

Quizplus · Accepted Answer

Informal game theory focuses on understanding and predicting how people actually think and behave in strategic situations, rather than relying solely on mathematical models or assumptions about rationality.

Informal Game Theory