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.
- Also called theory of games.
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
How to use game theory in a sentence
In cryptocurrencies, it’s as important to understand memes and the social layer as it is to understand the technology and game theory that make bitcoin a secure network.
In the 1950s, four decades before he won a Nobel Prize for his contributions to game theory and his story inspired the book and film “A Beautiful Mind,” the mathematician John Nash proved one of the most remarkable results in all of geometry.Mathematicians Identify Threshold at Which Shapes Give Way | Mordechai Rorvig | June 3, 2021 | Quanta Magazine
On the other hand, even the cleverest strategy is potentially open to exploitation—game theory cannot be discounted, even by a computer of sci-fi-level superintelligence.How Intelligent Could Life Be Without Natural Selection? - Issue 98: Mind | Arik Kershenbaum | March 17, 2021 | Nautilus
It’s behind strategy games like chess and entire disciplines such as game theory.This Is Where Empathy Lives in the Brain, and How It Works | Shelly Fan | February 2, 2021 | Singularity Hub
You’ve been a lifelong analyst of social dynamics and game theory.“We Get All Our Great Stuff from Europe — Including Witch Hunting.” (Ep. 446) | Steven D. Levitt | January 7, 2021 | Freakonomics
So he and his partner, Zack Simpson, did what they do so well: started spit-balling some game theory around politics.
The ongoing game theory behind the Israeli air strikes and ground invasion is, in effect, “The Netanyahu Peace Plan.”
But instead of boning up on trivia, he read my blog—and schooled himself on game theory.How I Taught Arthur Chu to Be the ‘Jeopardy!’ Champ Everyone Loves to Hate | Keith Williams | February 21, 2014 | THE DAILY BEAST
He was giving himself what his research—game theory, in this case—taught him was the best chance to win.How I Taught Arthur Chu to Be the ‘Jeopardy!’ Champ Everyone Loves to Hate | Keith Williams | February 21, 2014 | THE DAILY BEAST
The Myth is popular with people who have taken a one-semester class on game theory, and/or watched a lot of movies.
British Dictionary definitions for game theory
mathematical theory concerned with the optimum choice of strategy in situations involving a conflict of interest: Also called: theory of games
- game-theoretic, adjective
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
Scientific definitions for 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.
The American Heritage® Science Dictionary Copyright © 2011. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.