Game theory
volume
British pronunciation/ɡˈeɪm θˈiəɹi/
American pronunciation/ɡˈeɪm θˈiəɹi/

Definition & Bedeutung von "game theory"

Game theory
01

Spieltheorie

a branch of mathematics that studies the strategies of dealing with competitive situations involving conflict of interests, especially in business, war, etc.
example
Beispiel
examples
Game theory can help in strategic planning for sports teams.
Economists apply game theory to predict market behavior.
Military planners use game theory to anticipate opponents' moves.
Game theory helps businesses decide on the best pricing strategies.
In negotiations, game theory can reveal the best tactics to use.
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