game theory Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “game theory” in the English Dictionary

"game theory" in British English

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game theorynoun [U]

specialized
a ​mathematicaltheory about how ​decisions are made in ​situations where one person's ​decisionaffects another, that is used in many ​fields such as ​economics, ​psychology, and ​biology
(Definition of game theory from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"game theory" in Business English

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game theorynoun [U]

uk   us   ECONOMICS
an ​economictheory that ​tries to ​calculate what choices ​people will make, when those choices depend on the choices of others: Some of the most interesting ​ideas are coming from ​gametheory, the ​field of mathematics that ​studiesstrategicbehaviour in ​competitivesituations.
(Definition of game theory from the Cambridge Business English Dictionary © Cambridge University Press)
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