Running head: GAME THEORY
Grand Canyon University
We use game theory applications almost every day of our lives. It is difficult to be successful in the things we do ...view middle of the document...
The main concept of game theory is cooperation. When everyone in a group can cooperate it allows them to collaborate and come to a better solution to a problem than if one was to address the problem as a sole performer. I think that when you look at a group setting with this theory in mind it will help you be happier to be part of it. Of course it is important to have all of the members in the same state of mind. I feel that even when someone comes to the group being uncooperative and closed minded, they can still be used effectively and hopefully be taught to be cooperative.
Game Theory 2