This blog explores game theory, a critical field in mathematics and economics that studies how rational decision-makers navigate strategic interactions. By examining key concepts like competition, cooperation, and equilibrium, readers will gain a solid foundation in the principles that guide decision-making processes across diverse areas. From economics and politics to psychology and business, game theory offers powerful tools for understanding complex scenarios where outcomes depend on the choices of others. Join us as we unpack the fundamentals of game theory and its far-reaching applications in real-world decision-making.