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==== Cooperative vs. Non-Cooperative Games ==== * '''Cooperative Games''': In these games, players can form coalitions and make binding commitments to achieve shared goals. Cooperative game theory explores how coalitions form, how benefits are distributed among players, and how cooperation can be sustained. * '''Non-Cooperative Games''': These games focus on individual players making decisions independently. Non-cooperative game theory analyzes how players strategize in competitive environments, where binding agreements are not possible.
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