Pronunciation: /ɡeɪm ˈθɪəri/
noun a set of concepts and principles used to analyze and predict the outcomes of competitive situations
A1 Game theory is the study of mathematical models of strategic interaction among rational decision-makers.
A2 In game theory, players make decisions based on the actions of other players.
B1 An important concept in game theory is the Nash equilibrium, where no player has an incentive to change their strategy.
B2 Game theory can be applied to various fields such as economics, political science, and biology.
C1 Advanced game theory involves analyzing complex games with multiple players and strategies.
C2 Game theory is used to study how individuals and organizations make decisions in competitive situations.
formal Game theory is a branch of applied mathematics that studies strategic interactions between rational decision-makers.
informal I find game theory really interesting because it helps us understand how people make decisions in competitive situations.
slang Game theory is like figuring out the best moves to make in a game of life.
figurative In the game theory of relationships, sometimes you have to strategize your next move to achieve the desired outcome.
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