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game theory

game theory

7 5.6
Study of how people choose actions when they compete or cooperate
  • noun
  • /ɡeɪm ˈθɪəri/
  • Specialized
translation icon : teoría de juegos
  • You remember those government guys, those think tank guys, trying to pick my brain about game theory, how they could use it for foreign policy?
  • use of game theory
  • game theory model
  • papers on game theory

And I will say I've done a lot of thinking about the game theory of human competition.

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Examples

  • Anyone, whoever says that game theory suggests that people are selfish basically doesn't understand game theory.

  • Baby boomers are very familiar with game theory, even if they don't know it.

    Blog text (1)
  • And Jack, you like game theory, right?

  • Let's see whether game theory is on my side.

  • So it's, I guess, principles from game theory, which we took a class on at school.

  • So I just want to remind you that game theory has some real world relevance.

  • And I will say I've done a lot of thinking about the game theory of human competition.

  • That said, microeconomics and game theory are fundamental.

  • Microeconomics and game theory also illuminate how the actors will play their parts.

    Academic text (2016)
  • The study of game theory is crucial for strategizing in competitive environments.

Synonyms

theory of games
vsgame theory
  • Specialized
6.8

Study of how people choose actions when each choice affects others

has identical meaning but is an alternative name for the same field

How Theoretical

Mizar
  • Specialized
9.9
game theory
  • Specialized
7 5.6
model
  • Specialized
905 3.9
heuristic
  • Specialized
3 8.0
rule of thumb
  • Informal
31 3.8

Surface Forms

game theory singular
game theories plural

Morphology

game + theory

A B1 learner who knows 'game' (a recreational contest) and 'theory' (a set of ideas) will reasonably infer 'game theory' as a theory about games or strategies in games, so the constituent meanings provide a clear clue. However, the scholarly sense — a specialised mathematical study of strategic interaction and decision-making — is more technical and not fully predictable from the simple constituents, so the phrase is only partially transparent to learners.

Etymology

Game theory comes from using the idea of a game—players making moves and reacting to each other—to model real choices. One popular story says a 1940s book by two scholars used game rules to study competition and cooperation, so today game theory means the study of how people choose 'strategies' when their choices affect others.