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<p>are distinct in the sense that they model agents with incompatible incentives, such as competing species or bidders in an auction. Strategic models assume that players are autonomous decision makers who rationally choose actions that maximize their objective function. A key challenge of using strategic models is defining and computing <a href="page.php?w=solution_concept">solution concept</a>s such as the <a href="page.php?w=Nash_equilibrium">Nash equilibrium</a>. An interesting property of strategic models is that they separate reasoning about</p><p>
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