Game theory
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Game theory is the study of strategic decision making.
Description
Specifically, game theory is "the study of mathematical models of conflict and cooperation between intelligent rational decision-makers."
An alternative term suggested "as a more descriptive name for the discipline" is interactive decision theory.
Game theory is mainly used in:
- Economics
- Political science
- Psychology
A well as:
The subject first addressed zero-sum games, such that one person's gains exactly equal net losses of the other participant or participants.
Today, however, game theory applies to a wide range of behavioral relations, and has developed into an umbrella term for the logical side of decision science, including both humans and non-humans (e.g. computers, animals).
See also
- Calculation
- Computer science
- Decision science
- Game
- Logic
- Mathematics
- Mathematical model
- Risk
- Uncertainty
- Zugzwang
External Links
- Game theory @ Wikipedia
