A Game Theory-Based Model for Predicting Depression due to Frustration in Competitive Environments

Figure 1

Extensive form representation of the investing-in-education game. In this game, E means academically educated (student), NE nonacademically educated (nonstudent), S success, and NS nonsuccess. The payoffs , , , and are received by the individual in function of his/her choice related to formal education (E or NE) and the corresponding performance in the labor market (S or NS).