The Economy Around You — How outcomes depend on what others choose too.
Game theory studies decisions that depend on what others do. Your best move can change based on how others are likely to respond.
Prisoner's dilemma: A situation where each person, acting in narrow self interest, ends up worse off than if they had cooperated.
Repeated interactions encourage cooperation, because building a reputation for trust pays off over time.
Negotiation is strategic too: anticipating the other side's options and responses shapes what offer or stance works best.
12 practice questions with explanations. Free, and no account is needed to start.