Explain the concept of agenda control in game theory.

Economics Game Theory Questions



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Explain the concept of agenda control in game theory.

Agenda control in game theory refers to the ability of a player to influence the order in which decisions are made or issues are discussed in a game or negotiation. By having agenda control, a player can strategically manipulate the sequence of events to their advantage, shaping the outcome of the game in their favor. This can be achieved by setting the agenda, determining the rules, or controlling the timing of decisions. Agenda control is a powerful tool as it allows a player to influence the preferences and strategies of other players, ultimately affecting the overall outcome of the game.