
Strategic form
Strategic form is a way of representing a game in decision-making, showing all players, their possible choices, and the outcomes of each choice combination. It’s like a detailed map of every potential move and result in a situation where multiple decision-makers interact, such as businesses competing or countries negotiating. This format helps analyze what each participant might do depending on others' actions, revealing the best strategies to achieve desired outcomes or anticipate competitors’ moves. Essentially, it provides a clear snapshot of complex strategic interactions for analysis and planning.