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The Great Game Theory Guide: #1 — Information, Problem-Solving, and Decision Science
Q. Lewis, what is the importance of factual information in game theory?
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Before I answer this question it may be of value for you to get a basic introduction/simple explanation of the basics of game theory. Below is an article (a 6 minutes read) as well as a more in-depth video. Both were created so they would be understood by a 12-year-old.
The Article:
The Video:
https://www.youtube.com/watch?v=8hRf87puZPY&t=147s
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A. As you begin your exploration of game-based thinking, game theory, and gamer psychology the one element that you must always keep in mind I this; “It is essential that you have access to, and the ability to verify the accuracy of all information if you intend to make effective, efficient, precise, and productive choices”.
