👉 In game theory, a "backgame" refers to a situation in which two players have agreed upon a strategy that they believe will maximize their utility. The term is often used to describe situations where one party has an advantage over the other, and it allows for multiple possible strategies to be considered simultaneously. For example, in a backgame between two players, one player might argue that their opponent's strategy is unfair because it relies on cheating or exploiting loopholes in the game. The other player might
