a mathematical approach to studying behavior that solves for the optimal decision in strategic situations (games) where the payoff to a particular choice depends on the choices of others
a mathematical approach to studying behavior that solves for the optimal decision in strategic situations (games) where the payoff to a particular choice depends on the choices of others
general framework trying to understand strategic interaction  1. players 2. actions/strategies 3. payoffs 4. information they have, timing, cognition