game theory


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Related to game theory: Nash equilibrium

game theory

[′gām ‚thē·ə·rē]
(mathematics)
The mathematical study of games or abstract models of conflict situations from the viewpoint of determining an optimal policy or strategy. Also known as theory of games.

game theory

see THEORY OF GAMES.
References in periodicals archive ?
This is partially a choice Weibull made, but it also reflects the progress evolutionary game theory had made at the time of the writing of the book.
So far eight Nobel prizes have been given in the field of game theory and four of the winners are present at the event to meet with other masterminds.
th] World Congress of the Game Theory Society from Sunday, July 22 through Thursday, July 26.
This means that if you are serious about bringing about real social reform--rather than just grouching and marching--you need the tools of game theory and economics, in order a) to understand why things are the way they are (the structure of the current 'status quo' equilibrium), and b) to have any realistic expectation that there is an alternative equilibrium attainable by the proposed reform.
The only saving grace of the WLQ folly is that it is unlikely to ever do as much damage as Game Theory.
This workshop is aimed at helping participants discover, learn and then incorporate the learning through extensive use of role plays, Game Theory, Simulations, Activities, Discussions and Case Studies.
The application of game theory to financial transactions focuses on two categories of stakeholders: users of financing (firms) and providers of financing (investors).
Their topics include financial markets, polynilpotent multipliers of finitely generated abelian groups, the concept of subtype in Bernstein algebras, optimal processes in irreversible microeconomics, algebraic solutions for matrix games, methods of drawing special curves and surfaces, some game theory and financial contracting issues in large corporate transactions, endomorphisms and endomorphism semigroups of groups, the noiseless coding theorem, odd zeta and other special function bounds, and spectral properties of discrete Schrodinger operator with quasi-periodically recurrent potential.
Game theory originated in economics and was made famous by the book and movie A Beautiful Mind.
ISLAMABAD, July 1 -- Dr Muhammad Ramzan has become Quaid-i-Azam University's (QAU) first PhD in the field of Quantum Game Theory and Quantum Information Theory.
Game theory is, of course, the social science tool mostly widely associated with gaming.