Create a new topic with the following… Describe a real world game theoretic si
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Create a new topic with the following…
Describe a real world game theoretic situation. This could be from the news, TV, books, sports, personal experience, etc.
Describe the set of players.
Describe the strategies available to each player.
Describe why this situation is game theoretic, i.e. why do one player’s payoffs depend on the other players’ actions?
Please do this in less than 500 words. Notice that you do not need to analyze the outcome of the game or try to predict the outcome. All we want to do here is recognize the ingredients of a game. The attached file is some sample essays for your reference.