Damien Gonot
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Game theory

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Key concepts


The individuals or groups who are making decisions.


The different actions that a player can choose from.


The outcomes of a game, often represented as a matrix showing the payoffs for each combination of strategies chosen by the players.


A set of strategies such that no player can benefit by changing their strategy, given the strategies of the other players.

Dominant strategy

A strategy that is always the best choice for a player, regardless of the strategies chosen by the other players.

Nash equilibrium

A type of equilibrium in which each player's strategy is a best response to the strategies of the other players.

Mixed strategy

A strategy in which a player randomly chooses among a set of possible actions.


Game Theory - Coursera course


Game Theory: Basic Concepts and Terminology