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Game theory

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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. Initially, game theory addressed two-person zero-sum games, in which a participant's gains or losses are exactly balanced by the losses and gains of the other participant. In the 1950s, it was extended to the study of non zero-sum games, and was eventually applied to a wide range of behavioral relations. It is now an umbrella term for the science of rational decision making in humans, animals, and computers.

Game theory - Wikipedia Jump to content From Wikipedia, the free encyclopedia Mathematical models of strategic interactions This article is about the mathematical study of strategic behavior. For the study of playing games for entertainment, see Game studies . "Game theorist" redirects here. For the YouTube series, see Game Theorists . For other uses, see Game theory (disambiguation) . Part of a series on Economics Outline Index Glossary Economists Principles of Economics Tools and methodology Economic theory Mathematical modeling Game theory Rational choice Cognitive science ( Behavioral ) Ec

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