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

game theory

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.

Other Word Forms

• game-theoretic adjective

Word History and Origins

Origin of game theory¹

First recorded in 1950–55

Example Sentences

Furthermore, the author frames California’s action as following proven game theory strategies, specifically citing the “tit-for-tat” approach that rewards cooperation while responding to aggression.

From Los Angeles Times

It’s time to look at this not as a game, or as game theory, but as the mounting threat to meaningful elections and fair representation that it is.

From Salon

It’s too soon for elaborate game theory about whether Zohran-mania is good or bad for the Democrats — first of all, we’d have to decide what that question means.

From Salon

Indeed there was an invaluable reveal for the game theory of this conflict.

From BBC

In the game theory of trade wars, credibility does matter.

From BBC