GAME THEORY Definition & Meaning

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game theory

noun

a mathematical theory that deals with strategies for maximizing gains and minimizing losses within prescribed constraints, as the rules of a card game: widely applied in the solution of various decision-making problems, as those of military strategy and business policy.

game theory

noun

Also called: theory of games.��mathematical theory concerned with the optimum choice of strategy in situations involving a conflict of interest

game theory

A mathematical method of making decisions in which a competitive situation is analyzed to determine the optimal course of action for an interested party. Game theory is often used in political, economic, and military planning.

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Other 51�Թ� Forms

ˌ��-ˌ�ٳ��ˈ��پ�� adjective

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51�Թ� History and Origins

Origin of game theory¹

First recorded in 1950–55

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Example Sentences

Examples have not been reviewed.

Indeed there was an invaluable reveal for the game theory of this conflict.

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In the game theory of trade wars, credibility does matter.

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Soon after, the Prisoner's Dilemma turned into the central topic in game theory.

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Liu’s novels swim through game theory, quantum mechanics and dimensional physics, along with other super-geeky concepts that would combine to create a high bar of entry for the typical viewer.

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For over fifty years, biologists have attempted to explain these behaviors using game theory, with a particular focus on reciprocity where individuals return help if they have received it previously.

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game that two can play, that's a gameto-

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