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Game theory is the study of mathematical models of strategic interactions. It has applications in many fields of social science, and is used extensively in economics, logic, systems science and computer science.
Game theory is a branch of mathematics that analyzes situations in which parties make interdependent decisions. Learn about the types, applications, and principles of game theory from Britannica's experts.
Jun 27, 2024 · Learn what game theory is, how it works, and how it is used in various fields such as economics, business, and psychology. Explore the key terms, concepts, and examples of game theory, such as the prisoner's dilemma and the Nash equilibrium.
- 1 min
This course introduces the mathematical modeling of strategic interaction among rational agents, with examples from games, economics, politics, and networks. You will learn the concepts of normal form, Nash equilibrium, mixed strategies, extensive form, Bayesian games, and more.
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- Free
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.
We explore the vast lore of Minecraft, piece together the craziest FNAF conspiracies, and cover the whole world of indie gaming on this channel. Join the ORIGINAL Team Theorist and Level up by...
Learn non-cooperative and cooperative solution concepts in game theory from Prof. Mihai Manea at MIT. Explore topics such as rationalizability, Nash equilibrium, bargaining, repeated games, reputation, and global games.
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