Back to Glossary

Game Theory

The study of strategic interdependence — situations where the outcome a person gets depends not only on what they do but on what everyone else involved does too. This course treats it as a diagnostic discipline for reading real situations (Is this a dilemma? A coordination problem? A commitment problem? An information problem?), not as mathematics or a manual for outsmarting people.

Learn about this term

Related Terms

Vocabulary from all courses. Terms are cross-referenced to show where each concept appears.