Meaning of game theory | Babel Free

Definitions

1. A branch of applied mathematics that studies strategic situations in which individuals or organisations choose various actions in an attempt to maximize their returns.
   countable, uncountable
2. An individual theory within that branch.
   countable

Equivalents

Examples

“Yanis Varoufakis, the firebrand economist who rose to fame at the height of Greece’s debt drama, was not only egotistical but ultimately more interested in testing out his game theories on the nation than winning its battle to keep afloat.”

CEFR level