game theory

noun

1. 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.

game theory

noun

1. mathematical theory concerned with the optimum choice of strategy in situations involving a conflict of interest Also calledtheory of games

game theory

/ gām /

1. 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.

Derived Forms

• ˌgame-ˌtheoˈretic, adjective

Word History and Origins

Origin of game theory¹

First recorded in 1950–55

Example Sentences

Liu’s novels swim through game theory, quantum mechanics and dimensional physics, along with other super-geeky concepts that would combine to create a high bar of entry for the typical viewer.

From Salon

For over fifty years, biologists have attempted to explain these behaviors using game theory, with a particular focus on reciprocity where individuals return help if they have received it previously.

From Science Daily

“These are things that worked great in my graduate level game theory course in college,” Mitchell said.

From Los Angeles Times

They use game theory to lay the mathematical foundation for decision-making in such social dilemmas.

From Science Daily

Psychological warfare was the way to go — you know, basically the idea of game theory.

From Los Angeles Times