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Game theory is a study of strategic decision making. Specifically, it is "the study of mathematical models of conflict and cooperation between intelligent rational decision-makers". -- Wikipedia

Focal point (game theory) - Wikipedia

The existence of focal points can help explain the use of social norms, including traditional gender roles, in order to ensure coordination, and why changing said norms can be difficult. 1
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Competition (economics) - Wikipedia

The level of competition that exists within the market is dependent on a variety of factors both on the firm/ seller side; the number of firms, barriers to entry, information, and availability/ accessibility of resources
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