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What is Generalized Game Theory Explained about?

(1) Generalized Game Theory (GGT) extends classical game theory by conceptualizing games as complex systems of rules that can be modified through social interaction. This provides a cultural and institutional basis for analyzing games. (2) In GGT, actors are interdependent through social relationships and institutions rather than being autonomous. Their roles and actions are shaped by norms, values, and social context. (3) GGT distinguishes between open and closed games. In open games, actors can transfo

Author

Miguel Costa

Language

EN