Game theory - Wikipedia
Game theory is the study of mathematical models of strategic interactions. [1] It has applications in many fields of social science, and is used extensively in economics, logic, systems science and computer science. [2]
Game theory | Definition, Facts, & Examples | Britannica
Oct 24, 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.
Game Theory - Stanford Encyclopedia of Philosophy
Jan 25, 1997 · People who think of game theory as an explanatory and/or normative theory of strategic rationality have generated a substantial literature in which the merits and drawbacks of a large number of refinements are debated.
Game Theory: A Comprehensive Guide - Investopedia
Jun 27, 2024 · Game theory is the study of how players strategize and make decisions. It's a way to model scenarios in which conflicts of interest exist among the players.
What is game theory and what are some of its applications?
Jun 2, 2003 · This simple game illustrates the essential aspects of what is now called game theory. In it, a game is the set of rules that describe it. An instance of the game from beginning to end is known...
Game Theory | Economics | MIT OpenCourseWare
A cartoon of two people sitting across from each other playing chess. Chess is an example of a perfect information game, which is a topic discussed in this course. (Image by MIT OpenCourseWare.)
Game Theory - Stanford Encyclopedia of Philosophy
Jan 25, 1997 · Despite the fact that game theory has been rendered mathematically and logically systematic only recently, however, game-theoretic insights can be found among philosophers and political commentators going back to ancient times.
Game Theory | Brilliant Math & Science Wiki
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.
Game Theory: A General Introduction and a Historical Overview …
Jan 1, 2021 · This entry provides an overview of the aspects of game theory that are covered in this Encyclopedia, which includes a broad spectrum of topics on static and dynamic game theory. The entry starts with a brief overview of game theory, identifying its basic ingredients,...
Game Theory Course (Stanford) | Coursera
Popularized by movies such as "A Beautiful Mind," game theory is the mathematical modeling of strategic interaction among rational (and irrational) agents.