theory of games Antonyms
No Synonyms and anytonyms found
Meaning of theory of games
Wordnet
theory of games (n)
(economics) a theory of competition stated in terms of gains and losses among opposing players
theory of games Sentence Examples
- The theory of games provides a mathematical framework for analyzing strategic interactions among rational agents.
- The principles of game theory are applicable in various fields, including economics, politics, and biology.
- The Nash equilibrium, a key concept in game theory, describes a set of strategies that no player can unilaterally improve upon.
- Game theory models can predict the outcomes of strategic situations, such as auctions, negotiations, and conflicts.
- The minimax theorem in game theory provides a strategy for minimizing potential losses in a zero-sum game.
- Evolutionary game theory studies the long-term evolution of strategies in games, incorporating concepts such as natural selection.
- Cooperative game theory explores situations where players can collaborate and form alliances.
- Game theory has been used to model complex systems, such as transportation networks and social networks.
- The theory of games has also found applications in computer science, particularly in the design of algorithms for decision-making.
- The development of game theory has led to significant advancements in our understanding of strategic behavior and decision-making in competitive environments.
FAQs About the word theory of games
(economics) a theory of competition stated in terms of gains and losses among opposing players
No synonyms found.
No antonyms found.
The theory of games provides a mathematical framework for analyzing strategic interactions among rational agents.
The principles of game theory are applicable in various fields, including economics, politics, and biology.
The Nash equilibrium, a key concept in game theory, describes a set of strategies that no player can unilaterally improve upon.
Game theory models can predict the outcomes of strategic situations, such as auctions, negotiations, and conflicts.
