• Dr. Chandan Bikash Das

Game Theory, a branch of mathematics and economics, unveils the intricate dynamics of strategic interactions, offering insights into decision-making processes across diverse domains. This article delves into the fundamental principles of Game Theory, exploring its applications in economics, business strategy, political science, biology, and psychology. Key concepts such as players, strategies, payoffs, and Nash Equilibrium are elucidated, providing a foundation for understanding rational decision-making. Mastering Game Theory involves analyzing payoffs, recognizing interdependence, seeking Nash Equilibrium, and adopting iterative thinking. By applying these strategies, individuals can navigate the complexities of real-world scenarios, enhancing their ability to make informed, strategic decisions. Embracing Game Theory empowers individuals in various aspects of life, offering a competitive edge in the intricate mind games that unfold in economic, political, and personal interactions.

Game Theory, Strategic Interactions, Nash Equilibrium, Decision-making, Rational Actors

"Mind Games: Mastering the Strategies of Game Theory", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 1, page no.372-379, January-2019, Available :http://www.jetir.org/papers/JETIR1901I48.pdf

"Mind Games: Mastering the Strategies of Game Theory", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 1, page no. pp372-379, January-2019, Available at : http://www.jetir.org/papers/JETIR1901I48.pdf