Non-Cooperative Games
Non-Cooperative Games are a type of game theory where players make decisions independently, aiming to maximize their own payoff without collaboration. Each player acts in their own self-interest, which can lead to competitive strategies and outcomes. These games often involve conflict, as players may have opposing goals.
In non-cooperative settings, the Nash Equilibrium is a key concept, representing a situation where no player can benefit by changing their strategy while others keep theirs unchanged. Examples of non-cooperative games include prisoner's dilemma and auction scenarios, where individual choices significantly impact overall results.