game theory Synonyms
No Synonyms and anytonyms found
game theory Meaning
Wordnet
game theory (n)
(economics) a theory of competition stated in terms of gains and losses among opposing players
game theory Sentence Examples
- Game theory analyzes strategic interactions, where players make decisions based on the potential actions and outcomes of others.
- In game theory models, players must consider the incentives and payoffs of different strategies.
- The minimax theorem in game theory aims to minimize the maximum potential loss for a player.
- Nash equilibrium is a stable outcome in game theory where no player can improve their outcome by unilaterally changing their strategy.
- Game theory is widely applied in economics, political science, and military strategy to predict optimal decision-making.
- In cooperative game theory, players can form coalitions to achieve common goals.
- Zero-sum games in game theory represent situations where one player's gain is necessarily another player's loss.
- Evolution game theory explores the dynamics of strategic interactions over generations.
- Game theory is used to model bargaining and negotiation processes, where players aim to maximize their outcomes.
- Game theory concepts have been extended to diverse fields, including biology, computer science, and social psychology.
FAQs About the word game theory
(economics) a theory of competition stated in terms of gains and losses among opposing players
No synonyms found.
No antonyms found.
Game theory analyzes strategic interactions, where players make decisions based on the potential actions and outcomes of others.
In game theory models, players must consider the incentives and payoffs of different strategies.
The minimax theorem in game theory aims to minimize the maximum potential loss for a player.
Nash equilibrium is a stable outcome in game theory where no player can improve their outcome by unilaterally changing their strategy.
