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  1. Dictionary
    Game the·o·ry
    /ˈɡeɪm ˌθɪəri/

    noun

    • 1. the branch of mathematics concerned with the analysis of strategies for dealing with competitive situations where the outcome of a participant's choice of action depends critically on the actions of other participants. Game theory has been applied to contexts in war, business, and biology.

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  3. www.britannica.com › science › game-theoryGame theory | Definition, Facts, & Examples | Britannica

    May 10, 2024 · game theory, branch of applied mathematics that provides tools for analyzing situations in which parties, called players, make decisions that are interdependent. This interdependence causes each player to consider the other player’s possible decisions, or strategies, in formulating strategy.

  4. en.wikipedia.org › wiki › Game_theoryGame theory - Wikipedia

    Game theory is the study of mathematical models of strategic interactions among rational agents. It has applications in many fields of social science, used extensively in economics as well as in logic, systems science and computer science.

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  6. plato.stanford.edu › entries › game-theoryGame Theory - Stanford Encyclopedia of Philosophy

    Jan 25, 1997 · Game theory is the study of the ways in which interacting choices of economic agents produce outcomes with respect to the preferences (or utilities) of those agents, where the outcomes in question might have been intended by none of the agents.

  7. www.investopedia.com › terms › gGame Theory: A Comprehensive Guide - Investopedia

    May 5, 2024 · Fact checked by. David Rubin. Investopedia / Katie Kerpel. What Is Game Theory? Game theory is the study of how and why individuals and entities (called players) make decisions...

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  8. www.scientificamerican.com › article › what-is-gameWhat is game theory and what are some of its applications?

    Jun 2, 2003 · Game theory is a standard tool of analysis for professionals working in the fields of operations research, economics, finance, regulation, military, insurance, retail...

  9. www.coursera.org › in › articlesWhat Is Game Theory? | Coursera

    May 14, 2024 · Game theory is a branch of mathematics that explores how people make decisions and compares them with mathematical models. Read on to learn more about game theory, including examples and its applications in law, economics, software, and more.

  10. brilliant.org › wiki › game-theoryGame Theory | Brilliant Math & Science Wiki

    Game theory is the mathematical analysis of decision making. In game theory, the interaction between two or more players is often framed in terms of a game with a particular set of rules. Of interest may be the strategies that give optimal outcomes for each of the players or, conversely, the resulting outcomes when certain strategies are played.

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