This is a knowledgegraph of Jamie Wheal's thinking based on YouTube transcripts.
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Game Theory is an interdisciplinary intellectual tool from the fields of mathematics, economics, political science, and philosophy that explores methods for making decisions in the face of uncertain outcomes. It examines how game participants interact based on their strategies and strategies of competing players, informing them as to when collaboration or competition are the most appropriate decisions. These strategies are often analyzed using mathematical models, such as the Nash Equilibrium, where rational players will find an optimum balance between cooperation and competition to ensure the greatest outcome for themselves. By understanding the practical implications of these strategies, game theory can be used to assess complex problems and inform decisions in many different contexts.