Game Theory Simulations

Game Theory Simulations combine principles of game theory with computational modeling to analyze strategic interactions between rational decision-makers. These simulations model scenarios where outcomes depend on the choices made by multiple participants incorporating concepts like Nash equilibrium dominant strategies and payoff matrices. They can handle both cooperative and non-cooperative games perfect and imperfect information scenarios and sequential or simultaneous decision-making.

Economic policy analysis military strategy planning business competition modeling auction design and social behavior studies.