*🎯Game Theory - Part 03* *🧐Where can you see Game Theory in real life?* *🛑 Business conflicts* Different companies use Game Theory: 1. To set the price (like when the price of rice in Sri Lanka increases, the price of food in restaurants increases 🍚🌾) 2. To launch different products (Apple vs Samsung). 📱💥 3. To overcome competitors (customers prefer to go to Foodcity rather than Sathosa and Keels rather than that. This is a threat to small retail shops) 🏪 *🛑Amazon example:* Amazon's algorithm adjusts prices in real time based on competitors. If any other business lowers the price of a product, Amazon bots will adjust the price accordingly. 🤖 --- *🌍 Global Politics and Climate Change* Countries face a multi-player Prisoner's Dilemma: 1. Cooperation (Bring laws to factories and stop pollution) → Earth can be saved. 🌱 2. Resist (continue pollution) → Short-term economic gains can be made. 💸 The result? Many objects the idea, because "why should we suffer if others don't?" Everyone thinks that...😒 --- *🎮 It's beyond humans* Game Theory is not something that exists only among people! 1. Animals: Birds decide whether to share or steal food. 🐦🍞 2. AI: Autonomous vehicles, making decisions about changing lanes on the road. 🤖🚗 3. Viruses: Mutate to survive antibiotics etc. 🦠💉 --- *🗝️ Final Conclusion* Game Theory teaches us that life is like a multiplayer game. Whether you split a bill, negotiate a raise, or avoid nuclear war, every choice has future consequences. > Do not copy without permission❌ ✨🅦🅞🅡🅛🅓 🅞🅕 Ṁḁṯḧḕṁḁṯḭḉṡ 📐