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“Game theory –A theory of Contradiction?”

2005, IMAGES-Women Christian College

AI-generated Abstract

The paper explores the concept of game theory, particularly its implications in economic systems characterized by oligopoly. It highlights the contradictions inherent within capitalist structures, posing questions about the existence of collusion among capitalists. The text draws on historical applications of game theory in economic contexts while also considering contemporary geopolitical scenarios, such as the relations between India and Pakistan, and how these dynamics interplay with global capitalist interests.