--- id: aliases: [] tags: - destiny/permanent - status/incomplete - topic/risk - type/encyclopedia title: Strategy --- # 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. ### Dominant Strategy The dominant strategy is the course of action that results in the best outcome ### "Solved" Games ### Auction Theory Auction theory is a subset of game theory