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title: Strategy
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# Strategy

The field of strategy is concerned
with the optimal solutions of problematic scenarios.

## Decision Theory

Decision theory concerns

* ~~internal problems~~
* ~~no competition~~
* ~~internal optimization~~

## Game Theory

Game theory concerns decisions
made in competition with other intelligent actors.

Predictions of competitor behavior in bids and market movements
are made with a game-theoretic lens.

### Auction Theory

Auction theory is a subset of game theory
that specifically addresses the competitive bid format
typical of construction project award.