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Related to game theory: Nash equilibrium
A mathematical method of decision-making in which a competitive situation is analyzed to determine the optimal course of action for an interested party, often used in political, economic, and military planning. Also called theory of games.
(Mathematics) mathematical theory concerned with the optimum choice of strategy in situations involving a conflict of interest. Also called: theory of games
a mathematical theory that deals with strategies for maximizing gains and minimizing losses within prescribed constraints.
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|Noun||1.||game theory - (economics) a theory of competition stated in terms of gains and losses among opposing players|
zero-sum game - a game in which the total of all the gains and losses is zero
scientific theory - a theory that explains scientific observations; "scientific theories must be falsifiable"
economic science, economics, political economy - the branch of social science that deals with the production and distribution and consumption of goods and services and their management
Nash equilibrium - (game theory) a stable state of a system that involves several interacting participants in which no participant can gain by a change of strategy as long as all the other participants remain unchanged
teoria dels jocs
teoría de juegos
théorie des jeux
teoria dei giochi
teoria dos jogos
lý thuyết trò chơi
n (in business studies) → Spieltheorie f