Your life is a constant stream of decisions: what career to follow, how to manage a business, whom to marry, how to bring up children, whether to run for president, how to communicate with a colleague and how to react when life slaps you in the face. The common element is that you are not in a vacuum. Instead, you are surrounded by the world that interacts with any decision you make. The context of the situation you find yourself in matters.Game theory is the process of modelling the strategic interaction between players in a situation containing set rules and outcomes. The Art Of Strategy breaks down game theory to help you in practical real life situations. Hosted on Acast. See acast.com/privacy for more information.