Meaning of “game theory” in the English Dictionary

business-english dictionary

"game theory" in British English

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game theorynoun [ U ]

specialized

a mathematical theory about how decisions are made in situations where one person's decision affects 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 economic theory 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 game theory, the field of mathematics that studies strategic behaviour in competitive situations.

(Definition of “game theory” from the Cambridge Business English Dictionary © Cambridge University Press)