Running Head : GAME THEORYName :UniversityCourse : TutorDate naughty theory is a big field of study that involves examining ways in which strategical decisions ar derived . The study is applied in areas where strategic interactions among quick of scent players puzzle outcomes with respect to the preferences of those players (Fudenberg Tirole 1991 . Game theory is a pitchfork of HYPERLINK hypertext transfer protocol /en .wikipedia .org /wiki /Applied_ maths \o Applied mathematics applied mathematics that is mostly used in the HYPERLINK http /en .wikipedia .org /wiki /Social_ comprehension \o Social light social knowledges situations like , economics , psychological science HYPERLINK http /en .wikipedia .org /wiki /political_science \o Political science political science , and HYPERLINK http /en .wikipedia .or g /wiki / philosophy \o school of thought philosophy The theory is also used in state fields like , HYPERLINK http /en .wikipedia .org /wiki /biota \o Biology biology HYPERLINK http /en .wikipedia .org /wiki /Engineering \o Engineering engineer , HYPERLINK http /en .wikipedia .org /wiki /Political_science \o Political science political science , HYPERLINK http /en .wikipedia .
org /wiki /International_ traffic \o International relations international relations and HYPERLINK http /en .wikipedia .org /wiki /Computer_science \o Computer science computer science . Game theory can be classified as non-cooperative (or strateg ic ) games and co-operative (or coalitional ! ) games (Fernandez Bierman 1998 .Non-cooperative games are involved with how intelligent individuals interact with hotshot another(prenominal) in an effort to achieve their own goals . Co-operative games are where players co-operate in their moves (strategies ) to achieve the desired common goals . `Strategic- carcass or `form form games and `extensive form games . `Strategic form games are games where...
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