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Game Theory - Coggle Diagram
Game Theory
Contexts Where Game Theory Applies
Economics, Politics
Psychology (rationality)
Game playing (Chess, Poker)
Computer Science (TCP routing)
Biology (evolution, animal behavior)
Key Concepts and Examples
Monty Hall Problem (probabilistic decision-making)
Prisoner's Dilemma (cooperate vs betray)
Battle of the Sexes (coordination with different preferences)
Stag Hunt (cooperate for big reward or act alone for small reward)
Nim Game (mathematical strategy)
What is Game Theory?
Mathematical models of conflict and cooperation
Strategic decision-making
Interactive decision theory
Core Strategies and Solutions
Pareto Optimality:
No one can be better off without making someone worse off
Mixed Strategy Equilibria:
Randomizing choices for balance
Nash Equilibrium:
No player can improve by changing strategy alone
Risk aversion and uncertainty in real-world behavior
Extensive Form
Tree structure
Turn-taking games (e.g., Chess)
Special Models
Mutual Assured Destruction (MAD)
Stability through deterrence (nuclear strategy)
Hawk-Dove Game:
Conflict vs. conciliation in evolution
Game Types and Representations
Normal Form:
Matrix form
Simultaneous moves (e.g., Rock-Paper-Scissors)