English Dictionary

GAME THEORY

Pronunciation (US): Play  (GB): Play

IPA (US): 

 Dictionary entry overview: What does game theory mean? 

GAME THEORY (noun)
  The noun GAME THEORY has 1 sense:

1. (economics) a theory of competition stated in terms of gains and losses among opposing playersplay

  Familiarity information: GAME THEORY used as a noun is very rare.


 Dictionary entry details 


GAME THEORY (noun)


Sense 1

Meaning:

(economics) a theory of competition stated in terms of gains and losses among opposing players

Classified under:

Nouns denoting cognitive processes and contents

Synonyms:

game theory; theory of games

Hypernyms ("game theory" is a kind of...):

scientific theory (a theory that explains scientific observations)

Domain category:

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)

Domain member category:

zero-sum game (a game in which the total of all the gains and losses is zero)

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)


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