Strategic Form Games
Strategic Form Games are a type of game in game theory where players make decisions simultaneously, without knowing the choices of others. Each player has a set of strategies and aims to maximize their own payoff based on the strategies chosen by all players. The outcomes are represented in a matrix format, showing the payoffs for each combination of strategies.
In these games, players must consider the potential actions of their opponents when selecting their strategies. Nash Equilibrium is a key concept, where no player can benefit by changing their strategy while others keep theirs unchanged. This equilibrium helps predict the outcome of the game.