Game Theory vocab

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15 Terms

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Cooperative

Group alliances can be formed

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Non- cooperative

Players can’t trust others to stick to alliances

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Nash equilibrium

Negotiating even split (everyone gets same amount=preplanned)

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Simultaneous

Goes together

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Sequential

Takes turns

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Perfect info

All players know previous moves

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Imperfect info

Can’t see some past moves

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15
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