Game Theory Word Scramble
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| Term | Definition |
| Rules | the ways of action that are required to participate in a game |
| Payoffs | the result of playing a game well |
| Matrix | a table of numbers which reflects possible outcomes--like a Punnett Square |
| Zero-sum Game | A game where there is only one winner |
| Non cooperative Game | each participant in the game works for themselves without cooperation with other |
| Cooperative Game Theory | participants work together for their combined self-interest |
| Game Theory | a way of looking at human interactions through the idea of a game with rules, ways to play and varied outcomes --it helps us think about ways to complete complex tasks |
| strategies | actions that will help you reach a desired payoff |
| Act Rationally | to act in your own self-interest or in a way that will benefit you |
| Category | When we group similar things together we are putting them in a category |
| economics | the science of understanding monetary values or ways of using our energy for a good outcome |
| Consequences | events that happen because of failed decision making or through a series of events |
Created by:
charriez
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