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22 Laws of Game Theory And How You Can Apply Them To Live A Better Life

Fahri Karakas
8 min readFeb 8, 2024
Photo by Jose Castillo on Unsplash

Game theory provides a framework for understanding how individuals, organizations, and even nations make decisions in situations involving competition, cooperation, conflict, and negotiation.

By studying game theory, you can gain a deeper understanding of human behavior, strategic thinking, and the motivations that drive actions.

Game theory unravels the complexities of decision-making by shedding light on the rational and irrational aspects of our choices.

Game theory emphasizes the significance of cooperation, trust-building, and building win-win solutions, leading to better outcomes for individuals, groups, and society as a whole.

By delving into game theory, we learn to think strategically, anticipate potential outcomes, and assess the relative benefits and risks of our actions.

In this article, I present 22 principles of game theory and demonstrate how they can be effectively applied to our everyday lives.

22 Principles of Game Theory And How You Can Apply Them To Live A Better Life

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Fahri Karakas
Fahri Karakas

Written by Fahri Karakas

Associate Professor in Business & Leadership at University of East Anglia. Passionate about doodling, imagination, and creativity. Author of Self-Making Studio.

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