game-theory - Concepts

Explore concepts tagged with "game-theory"

Total concepts: 3

Concepts

Money Game vs Status Game - A distinction between pursuing wealth (a positive-sum game that can benefit everyone) versus pursuing status (a zero-sum game where gains come at others' expense).
Positive-Sum Game - A situation where total value can expand so all participants can benefit simultaneously.
Schelling Point - A solution people converge on naturally without explicit communication.