What are the differences between cooperative and non-cooperative games?

What are the differences between cooperative and non-cooperative games?

Cooperative games are those where players can form alliances and share resources, while non-cooperative games are competitive, with players acting independently.

Can you give me an example of each type?

Sure! In a cooperative game, players might work together to achieve a common goal, like in team sports. In a non-cooperative game, like poker, each player competes against others for individual gain.

How do strategies differ in these games?

In cooperative games, strategies often involve negotiation and collaboration, while in non-cooperative games, strategies focus on maximizing individual outcomes, often anticipating opponents' moves.

What are some real-world applications of these concepts?

Real-world applications include economics, political science, and social sciences, where understanding cooperation and competition can influence decision-making and strategy.