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Sep 17

Game Theory

In human society, most relationships between individuals can be viewed through the lens of game theory. People interact strategically, making moves and countermoves to maximize their own interests. Yet we are also interdependent, needing cooperation to achieve good outcomes. Thus human relations have an intricate balance of competition and coordination. In workplaces, employees compete for promotions and bonuses, but must collaborate to complete projects. In politics, parties attack opponents...

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