Game Theory
Game theory is a tool for the analysis of the interaction among usually rational agents, the formulation of hypotheses about their behaviour and the prediction of the results of each interaction. From this standpoint it is very suitable for the analysis of environmental problems and for the definition of self-enforcing environmental agreements that are founded on cooperation and stability.
Enter game theory
What we have here is a particular kind of group decision problem known as a game, where one party’s decision is influenced by the actions of another party and vice versa.
The mathematical theory of such games is rich, with many important applications.
Game theory, as it is known, was originally developed during the Cold War to model the nuclear arms race and first strike strategies.
Since then, the theory has become indispensable in economics and is enjoying applications in diverse areas such as ethics, biology, dating, and, more recently, in environmental management and policy.
One of the enduring lessons of game theory is that in certain common situations, cooperation can be hard to achieve and may be difficult to maintain.
What do you suggest for example for wastewater treatment? did you have experience of that? would you please help by sharing your documents, experience, knowledge and etc. ?
Title of paper: Games Addiction or Not; Health Therapy or Business
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