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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The bleak bargaining chips of deterrence In 2005, Thomas Schelling won the Nobel Memorial Prize in Economic Sciences for enhancing understanding of conflict and cooperation through game theory analysis. Alfredo Sosa, The Christian Science Monitor, 14 Feb. 2025 Korok Ray is a professor who teaches Bitcoin and researches game theory. Korok Ray, Forbes, 17 Jan. 2025 In game theory, the Nash equilibrium describes the most rational choice an actor can make based on the choices of other actors. Sam Lyman, Forbes, 8 Jan. 2025 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 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

Cite this Entry

“Game theory.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/game%20theory. Accessed 4 Mar. 2025.

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