game theory

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game theory

n.
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.

game theory

n
(Mathematics) mathematical theory concerned with the optimum choice of strategy in situations involving a conflict of interest. Also called: theory of games
ˌgame-ˌtheoˈretic adj

game′ the`ory


n.
a mathematical theory that deals with strategies for maximizing gains and minimizing losses within prescribed constraints.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.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
Translations
teoria dels jocs
teorie her
spilteori
Spieltheorie
ludoteorio
teoría de juegos
peliteoria
théorie des jeux
játékelmélet
teori permainan
leikjafræði
teoria dei giochi
žaidimų teorija
speltheorie
spillteori
teoria gier
teoria dos jogos
teoria jocului
teória hier
spelteori
oyun kuramı
lý thuyết trò chơi

game theory

n (in business studies) → Spieltheorie f
References in periodicals archive ?
The theory is motivated by a series of game-theoretic examples in which adherence to alternative consequentialist moral theories produces bad consequences.
Compared with the existing asymmetric interference works, we focused on the channel selection problem in opportunistic spectrum access and solved it in a game-theoretic approach.
But these unconventional policies are turning out to be a classic game-theoretic bad equilibrium: Each central bank stands to gain by keeping interest rates low, but, collectively, their approach constitutes a trap.
But these policies are turning out to be a classic game-theoretic bad equilibrium: each central bank stands to gain by keeping interest rates low, but, collectively, their approach constitutes a trap.
A recent article on PAWS (PAWS--A Deployed Game-Theoretic Application to Combat Poaching) was published in the spring 2017 AI Magazine.
Huber prize for ground-breaking research in developing methods for the allocation of scarce water resources merging conflict-resolution and game-theoretic concepts for application to complex water resource systems.
Our vision is the establishment of an entirely new repertoire of incentive-compatible data science algorithms and techniques, obtained through pioneering the application of game-theoretic mechanism design for data science.
Typically, the game-theoretic models used in these networks assume that the information/knowledge about other devices is available to all devices[6].
The comprehensiveness of the concepts, the focus on game-theoretic "solutions," and the application to economic behavior based on Homo economicus rather than deontic logic have deterred gamers from studying game theory, and thus the perceived value of applying game theory to gaming has been limited.
Roger Lee Mendoza, an actuary and professor of business economics at Wilmington University, recently published: A Game-Theoretic Model of Marketing Skin Whiteners (November 2015); Health Services Marketing for Routine Child Vaccinations in the Philippines (July 2015); Rents From the Essential Health Benefits Mandate of Health Insurance Reform (July 2015) & Why any seatbelt mandate is an infinitely iterated Prisoner's Dilemma: A health economics perspective (March 2016).
Subsequent chapters discuss the foundation of traditional Q-learning-based optimal adaptive controllers for finite and infinite horizons; quantization effects for linear and nonlinear networked control systems; a two-player zero-sum game-theoretic formulation for linear systems in input-output form enclosed by a communication network; the stochastic optimal control of nonlinear networked control systems by using neurodynamic programming; stochastic optimal design for a nonlinear two-player zero-sum game under communication constraints; distributed joint optimal network scheduling and control design for wireless networked control systems; event-sampled distributed networked control systems; and the effect of network protocols on controller design.
Michael Wainwright, "Artistic Successes at Game-Theoretic Failure: Twain's Huckleberry Finn and Faulkner's "'A Justice'" (University of London).