Meaning of the word "game theory" in English
What does "game theory" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
game theory
US /ɡeɪm ˈθɪr.i/
UK /ɡeɪm ˈθɪə.ri/
Noun
the mathematical study of strategies for dealing with competitive situations where the outcome of a participant's choice of action depends critically on the actions of other participants
Example:
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In economics, game theory is used to model the behavior of firms in an oligopoly.
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The prisoner's dilemma is a classic example of game theory.