Unlike physics or chemistry, which have a clearly defined and narrow scope, the precepts of game theory are useful in a whole range of activities, from everyday social interactions and sports to ...
Game theory: A mathematical approach to understanding the outcomes of interactions between two or more individuals when benefits and costs of the interactions depend on the strategies of each ...
Game theory, the study of strategic decision-making, has long been a tool for economists, mathematicians, and political ...
Game theory can be described in varying levels of complexity by different disciplines but, generally, is a way of analyzing “interactions ... including in social sciences, economics, computer ...
It uses mathematics to study the strategic interaction of rational decision makers. Game theory has social, logical, and computer science applications. It also has Bitcoin applications at the personal ...
15, No. 1, Summer 2023 GAME THEORY AND A NEW INSIGHT INTO HOW T ... of games has significant implications as an important insight for modelling strategic interactions in which players pursue goals for ...