Game theory: Difference between revisions

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Revision as of 14:05, 15 March 2020

Game theory is the study of how participants in a "game" act with respect to their "utility" values (how satisfied they are). In the context of voting theory, game theory has been mostly used to investigate strategic voting i.e. when a voter or group of voters lie about their preferences in order to get what they consider to be a better election outcome. The Chicken dilemma is one prominent example.

See the Equilibrium article.