game theory

Outline the intellectual reasoning behind game theory. Refer to strategic game concepts such as the Nash premise, Nash equilibrium and Prisoners’ dilemma and then

critically examine the extent to which they add value, if at all, to the economics of firm-specific behaviour.

its an essay for an exam question
please use the following books for reference
1. Decoding strategies second edition for Patrick A. McNutt
2.Economics of Strategy sixth edition for Besanko
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