In general, game theory is the study of
A)how people behave in strategic situations.
B)how people behave when the possible actions of other people are irrelevant.
C)oligopolistic markets.
D)all types of markets, including competitive markets, monopolistic markets, and oligopolistic markets.

Question

Quizplus · Accepted Answer

Game theory focuses on analyzing strategic interactions between individuals or groups where the outcome of an individual's choice depends on the choices of others. Therefore, the best choice is A) how people behave in strategic situations.

In General, Game Theory Is the Study of