👉 Participation fluid, also known as "participation fluidity," is a concept in game theory and economics that describes the degree to which players' strategies or actions can change over time without deviating from a previously agreed-upon set of rules or norms. It captures the dynamic and adaptive nature of human behavior in repeated interactions, where participants may adjust their strategies based on past outcomes to achieve better results. This fluidity allows for a more realistic representation of how people might evolve their strategies in ongoing negotiations, competitions, or social interactions, acknowledging that rigid adherence to initial plans is less common in real-world scenarios.
