Question

Mathematicians and scientists began to formulate the game theory approach to solve problems in economics where people anticipated other people’s actions. This strategy is based on the fact that humans have played games throughout history.

Which core idea is encouraged by this creative approach?

(1 point)
Responses

interaction
interaction

competition
competition

participation
participation

argumentation
argumentation

Answer 1

The core idea encouraged by the game theory approach in the context of economics and anticipating other people's actions is **interaction**.