100 Must-Know Game Theory Principles
This post presents 100 essential game theory concepts, each explained in detail and illustrated with practical examples
Game theory, a fascinating field at the intersection of mathematics, economics, and psychology, delves into the strategic interactions among decision-makers. Its principles and models offer profound insights into human behavior, predicting outcomes in competitive and cooperative environments. Whether it’s a chess match, a corporate negotiation, or a country’s diplomatic maneuver, game theory provides the tools to understand and anticipate the moves and countermoves that define these interactions.
This post presents 100 essential game theory concepts, each explained in detail and illustrated with practical examples. From foundational principles like Nash Equilibrium to advanced topics like Behavioral Economics, these concepts are grouped into coherent categories, making the intricate world of game theory accessible and engaging. For those eager to explore further, “Games and Decisions: Introduction and Critical Survey” by R. Duncan Luce and Howard Raiffa is an invaluable resource.
