THEORY OF GAMES

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 Dictionary entry overview: What does theory of games mean? 

• THEORY OF GAMES (noun)
  The noun THEORY OF GAMES has 1 sense:

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

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

 Dictionary entry details 

• THEORY OF GAMES (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 ("theory of games" 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)