Game theory is the study of mathematical models of strategic decision making between rational decision-makers in conflict or cooperation situations. It examines how individuals' choices impact outcomes and equilibrium strategies in situations like the prisoner's dilemma. Game theory seeks to understand strategic behavior in scenarios with multiple players making interdependent choices under varying rules and payoffs.

1. and negotiating

2. Game theory
• is a study of strategic
decision making.
Specifically, it is the
study of mathematical
models of conflict and
cooperation between
intelligent rational
decision-makers.

3. Influence

4. Navigating Strategy

5. Problem/Decision

6. Parts

7. Players
Adversarial View
Zero Sum

8. Rules of the Game

9. Prisoner’s Dilemma

10. Game Tree

11. Example

12. Social Consequences

13. Nash Equilibrium
• John Nash
• A Beautiful Mind
– Sylvia Nash

14. Rock, Scissors, Paper

15. RPS Payoffs

16. John Cousins
jjcousins@gmail.com
@jjcousins