13.1 Gaming and Strategic Decisions Game-Situation in which players (participants)make strategic decisions that take into account each other's actions and responses. Payoff-Value associated with a possible outcome of a game that generates rewards or benefits for the player. Strategy-Rule or plan of action for playing a game.13.1 Gaming and Strategic Decisions  Game - Situation in which players (participants) make strategic decisions that take into account each other’s actions and responses.  Payoff -Value associated with a possible outcome of a game that generates rewards or benefits for the player.  Strategy - Rule or plan of action for playing a game