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Meaning of game theory

Source language: EnglishDictionary language: English

game theory

noun

Definitions

  1. A branch of applied mathematics that studies strategic situations in which individuals or organisations choose various actions in an attempt to maximize their returns.

Sources:https://en.wiktionary.org/wiki/game%20theory

Related words

theory of gamesdecision theoryapplied economicsthermoeconomicsaction theorybioeconomicseconomic sciencetactics