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What is Game Theory?

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Game Theory is a mathematical framework used to study and analyse strategic decision-making in situations involving multiple actors or players. It helps businesses understand and predict the behaviour of competitors, customers, and other stakeholders. Game Theory finds applications in areas like pricing strategies, auction design, and negotiation tactics.

Other Definitions

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Incremental Learning is an AI technique that allows models to continuously learn from new data without retraining from scratch. Instead of training the model…

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