theory of games
Also found in: Thesaurus, Medical, Financial, Encyclopedia, Wikipedia.
Switch to new thesaurus
|Noun||1.||theory of games - (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