Game theory

Mathematical models of strategic interactions

Game theory is the field of applied mathematics that models interactions between multiple agents as "games" of strategy between "players". It is a scientific method of describing, predicting, evaluating, and selecting choices (or "actions"), often with the view of maximising utility outcomes (or "payoffs") for one or more players. Game theory has applications in the natural, formal and social sciences, including biology, computer science, economics, law, logic, political science, systems science, and philosophy.

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