Strategic Interaction
/ˈstrætədʒɪk ˌɪntərˈækʃən/
Definitions
- (n.) A situation in which parties make decisions taking into account the anticipated reactions of others, often analyzed in game theory and law to predict behavior and outcomes.
The contract negotiation involved complex strategic interaction among the companies' legal teams.
Forms
- strategic interaction
Related terms
See also
Commentary
In legal contexts, strategic interaction often informs analyses of negotiations, litigation strategy, and regulatory compliance, highlighting how parties anticipate and respond to others' moves.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.