Calculate Nash equilibria, dominant strategies, and analyze payoff matrices. Essential tool for economics, political science, and decision analysis.
Player 1's payoff is shown first, Player 2's payoff second (P1, P2)
Multi-player games introduce new equilibrium concepts and strategic considerations:
When games are repeated, cooperation can emerge through strategies like:
Discount Factor (δ): Future payoffs are discounted by δ per period. Higher δ makes future cooperation more valuable.
Evolutionary dynamics describe how strategies spread in populations: