Research Papers on Game Theory

Research papers on game theory explore how individuals or groups make decisions in competitive situations, where the outcome depends not only on their own choices but also on those of others. Game theory analyzes strategic interactions, modeling scenarios like auctions, negotiations, or social conflicts. It provides tools to predict behavior and identify optimal strategies, considering factors like cooperation, competition, and trust. Key concepts include Nash equilibrium, which describes a stable state where no player can benefit from changing their strategy, and zero-sum games, where one player's gain is another's loss. Overall, it helps in understanding various real-world situations involving strategy and decision-making.