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game theory

noun
1.
a mathematical theory that deals with strategies for maximizing gains and minimizing losses within prescribed constraints, as the rules of a card game: widely applied in the solution of various decision-making problems, as those of military strategy and business policy.
Also called theory of games.
Origin
1950-1955
1950-55
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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British Dictionary definitions for game-theory

game theory

noun
1.
mathematical theory concerned with the optimum choice of strategy in situations involving a conflict of interest Also called theory of games
Derived Forms
game-theoretic, adjective
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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game-theory in Science
game theory
  (gām)   
A mathematical method of making decisions in which a competitive situation is analyzed to determine the optimal course of action for an interested party. Game theory is often used in political, economic, and military planning.
The American Heritage® Science Dictionary
Copyright © 2002. Published by Houghton Mifflin. All rights reserved.
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7
9
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