Don’t Trust Decentralisation Yet? Game Theory Might Change Your Stance

A Light Introduction to Game TheoryGame theory has undergone several iterations over the years to arrive at a stage where it almost resembles a “theory of everything” when it comes to competing human ecosystems in any field—be it economics, science, or even data.Game theory, branch of applied mathematics that provides tools for analyzing situations in which parties, called players, make decisions that are interdependent.This interdependence causes each player to consider the other player’s possible decisions or strategies when formulating a strategy. A solution to a game describes the optimal decisions of the players, who may have similar, opposed, or mixed interests, and the outcomes that may result from these decisions. ~ BritannicaTwo interesting peaks in this theory were 1/ centralisation and 2/ giving control to independent entities.