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

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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 And his answer to that is this sort of megamind game theory response. Jon Sarlin, CNN, 8 Oct. 2024 Here are some practical techniques to incorporate: • Scenario Planning 2.0: Move beyond traditional scenario planning by incorporating elements of game theory and complex adaptive systems. Katie Britton, Forbes, 19 Sep. 2024 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 21 Nov. 2024.

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