game theory

noun

: the analysis of a situation involving conflicting interests (as in business or military strategy) in terms of gains and losses among opposing players
game theorist noun

Examples of game theory in a Sentence

Recent Examples on the Web
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For an industry rooted in the dry, analytical domains of cryptography and game theory, crypto has an uncanny ability to draw exceptional storytelling talent. Christian Catalini, Forbes, 26 Nov. 2024 Yet the game theory aspect of Bitcoin is running - one that promises outsize rewards for early adopters along with a heavy dose of risk - bringing politicians and political candidates to support Bitcoin. Roger Huang, Forbes, 30 Oct. 2024 Rather, the game theory predicts extending the current overindebted credit model by adding more unproductive debt while stacking bitcoin. Ansel Lindner, Forbes, 24 Oct. 2024 And game theory makes clear that, even for the most selfish players, incentives for cooperation improve when the game is repeated and players can credibly threaten quick and effective punishment for cheating. Thomas J. Bollyky, Foreign Affairs, 27 July 2020 See all Example Sentences for game theory 

Word History

First Known Use

1945, in the meaning defined above

Time Traveler
The first known use of game theory was in 1945

Dictionary Entries Near game theory

Cite this Entry

“Game theory.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/game%20theory. Accessed 22 Dec. 2024.

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