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  2. 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.

  3. Game theory is the study of how and why people make decisions. (Specifically, it is "the study of mathematical models of conflict and cooperation between intelligent rational decision-makers".) It helps people understand parts of science and politics.

  4. In game theory, a player's strategy is any of the options which they choose in a setting where the optimal outcome depends not only on their own actions but on the actions of others. The discipline mainly concerns the action of a player in a game affecting the behavior or actions of other players.

  5. Sep 6, 2018 · Game theory studies the general principles that explain how people and organizations act in strategic situations. Game theory studies strategy mainly through the analysis of different "games". A "game" in game theory is a fully explicit structure which characterizes each player's set of actions, payoffs and possible outcomes under given rules ...

  6. Jun 2, 2003 · June 2, 2003. 6 min read. What is game theory and what are some of its applications? The Sciences. Saul I. Gass, professor emeritus at the University of Maryland's Robert H. Smith School of...

  7. 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.

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