For a given problem, if you determined that you need to predict the outcome to make a decision and also anticipate the behavioral change of the subject, what kind of big guns analysis would you perform "Game Theory Model Simulation" (Option B).
Game theory is the study of interactive decision-making in which the result for each participant or "player" is determined by the actions of everyone else. If you are a player in such a game, you must consider the actions of others while selecting your course of action or "strategy."
The notion that a player's payment is dependent on the strategy of other players is a fundamental element of game theory. Game theory is claimed to apply to every situation involving two or more players with known payoffs or quantifiable outcomes.
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Full Question:
For a given problem, if you determined that you need to predict the outcome to make a decision and also anticipate the behavioral change of the subject, what kind of big guns analysis would you perform?
A) Machine Learning
B) Game Theory Model Simulation
C) Regression Analysis
D) Forecasting
