game theorygame theory
- (mathematics, economics) A branch of applied mathematics that studies strategic situations in which individuals or organisations choose various actions in an attempt to maximize their returns.
game theory - Investment & Finance Definition
A branch of mathematics that has indirect applications to computer science, information technology, and engineering. It involves studying the interactions among groups of people who make use of an increasing number of technologies and increasing types of technologies to achieve their goals. Game theory was first devised by John von Neumann.