Game theory assumes that to compute the likely outcome of games, one need to assume that players

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Game theory assumes that to compute the likely outcome of games, one need to assume that players act Select one:
a. Rationally
b. In their own self-interest
c. Optimally
d. All the above

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Microeconomics

ISBN: 9781464146978

1st Edition

Authors: Austan Goolsbee, Steven Levitt, Chad Syverson

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Question Posted: Feb 16, 2018 07:52 AM

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Game theory assumes that to compute the likely outcome of games, one need to assume that players

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b In their own selfinterest Game theory is the mathematical model evaluating the ...View the full answer

Microeconomics

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