Game Theory Revolutionizes Military Decision-Making for Optimal Outcomes
The article discusses how decision-makers in military affairs use different methods like cost-benefit analysis and game theory to make strategic choices. Game theory helps analyze situations where outcomes depend on the decisions of multiple players. It assumes that decision-makers are intelligent and rational, able to understand their own and others' payoffs and strategies. By using mathematical models, game theory aims to guide players in choosing strategies that lead to the best possible outcomes in conflicts or cooperation.