How are games in game theory played? in game theory,
a. players determine their objectives and then payoffs are randomly assigned.
b. agents determine their objectives, and principals are hired by contract to achieve those objectives.
c. rules determine what actions are allowable, players employ strategies to attain their objectives, and payoffs are the results of the interaction among the players' strategies.
d. players employ strategies to attain their objectives sequentially so that they are not affected by the actions of other players.
e. a natural experiment is used to determine the effect of a factor by treating

C

Explanation:

The players get to follow the set rules of the game. And they try to follow this rules and employ different strategies to attain their objectives and pay off is the result and it should be noted also that to be fully defined, a game must specify the following elements:

The players of the game

The information and actions available to each player at each decision point, and the payoffs for each outcome.

In game theory :

C. rules determine what actions are allowable, players employ strategies to attain their objectives, and payoffs are the results of the interaction among the players' strategies.

Explanation:

The game theory, explains how a game is determined by rules, but mustly by the interaction among players. There for to generate any strategy, a player must take on account both: the rules and the movements other players have done.

This is the only way a game can developed, it is defined and refined by the new interactions being displayed.

This way of funcitoning is how the game is dinamic, because it is constanlty changing. The result or the payoffs are also dependable on each players moves. This means that the players benefit from others players actions.

d. i assume the underlined word is "role." reformat if it isn't.

explanation:

role is closest to part because when replacing words, "playing a vital decision," "playing a vital activity," and "playing a vital dollar" don't make logical sense. the only meaningful choice is "playing a vital part."

this fits one of merriam-webster's definitions of role: "a function or part performed especially in a particular operation or process."