Strategic Games

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August 31, 2024 3 min read Definitions

Cooperative Game: Strategic Collaborative Decision Making

Mathematics Game Theory Economics Cooperative Game Theory Coalitions Strategic Games Collaboration Optimization

An in-depth exploration of cooperative games where players form coalitions to maximize shared benefits, including historical context, key models, applications, and examples.

August 31, 2024 4 min read Definitions

Subgame: A Sequential Game Subset

Game Theory Mathematics Subgame Sequential Game Game Theory Strategic Games Nash Equilibrium

A subgame is a component of a sequential game that begins at a node where each player is fully aware of the previous actions taken in the game.