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What is Strategic Form Game

Chapter 95
Encyclopedia of Business Analytics and Optimization
The strategic (or normal) form is a matrix representation of a simultaneous game. For two players, one is the “row” player, and the other, the “column” player. Each rows or column represents a strategy and each box represents the payoffs to each player for every combination of strategies. Generally, such games are solved using the concept of a Nash equilibrium.
Published in Chapter:
Game Theoretical Models in New Product Development
Zhijian Cui (IE Business School, Spain) and Marc-Elliott Finkelstein (IE Business School, Spain)
Copyright: © 2014 |Pages: 10
DOI: 10.4018/978-1-4666-5202-6.ch095
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