game theory
E532507
Game theory is a branch of mathematics and economics that studies strategic interactions among rational decision-makers, analyzing how individuals or groups choose actions when outcomes depend on the choices of others.
All labels observed (3)
| Label | Occurrences |
|---|---|
| Game Theory | 1 |
| game theory canonical | 1 |
| prisoner’s dilemma | 1 |
Statements (78)
| Predicate | Object |
|---|---|
| instanceOf |
academic discipline
ⓘ
branch of economics ⓘ branch of mathematics ⓘ theoretical framework ⓘ |
| analyzes |
equilibrium outcomes
ⓘ
how agents choose actions when payoffs depend on others ⓘ strategic incentives ⓘ |
| appliesTo |
auction design
ⓘ
bargaining theory ⓘ biology ⓘ business strategy ⓘ computer science ⓘ economics ⓘ evolutionary biology ⓘ industrial organization ⓘ international relations ⓘ philosophy ⓘ political science ⓘ |
| assumes |
rationality of players
ⓘ
well-defined preferences ⓘ |
| developedBy |
John Harsanyi
NERFINISHED
ⓘ
John Nash NERFINISHED ⓘ John von Neumann NERFINISHED ⓘ Oskar Morgenstern NERFINISHED ⓘ Reinhard Selten NERFINISHED ⓘ |
| fieldOfStudy |
decision-making under strategic interdependence
ⓘ
strategic interaction ⓘ |
| hasConcept |
Bayesian Nash equilibrium
NERFINISHED
ⓘ
Nash equilibrium NERFINISHED ⓘ Pareto efficiency NERFINISHED ⓘ Shapley value NERFINISHED ⓘ auction theory ⓘ best response ⓘ coalition formation ⓘ core of a game ⓘ correlated equilibrium ⓘ dominant strategy ⓘ extensive-form game ⓘ incomplete information game ⓘ mechanism design ⓘ mixed strategy ⓘ non-zero-sum game ⓘ normal-form game ⓘ repeated game ⓘ signaling game ⓘ subgame perfect equilibrium ⓘ zero-sum game ⓘ |
| hasExample |
battle of the sexes
ⓘ
centipede game NERFINISHED ⓘ dictator game ⓘ hawk-dove game ⓘ matching pennies ⓘ prisoner’s dilemma NERFINISHED ⓘ public goods game ⓘ stag hunt ⓘ ultimatum game ⓘ |
| hasKeyPublication | Theory of Games and Economic Behavior NERFINISHED ⓘ |
| hasSubfield |
algorithmic game theory
ⓘ
behavioral game theory ⓘ cooperative game theory ⓘ evolutionary game theory ⓘ non-cooperative game theory ⓘ |
| models |
equilibrium concepts
ⓘ
information sets ⓘ payoffs ⓘ players ⓘ strategies ⓘ |
| studies |
conflict and cooperation
ⓘ
interdependent decisions ⓘ rational decision-makers ⓘ strategic behavior ⓘ strategic games ⓘ |
| usedFor |
analyzing auctions
ⓘ
analyzing bargaining situations ⓘ analyzing voting systems ⓘ designing incentives ⓘ modeling strategic competition ⓘ modeling strategic cooperation ⓘ |
Referenced by (3)
Full triples — surface form annotated when it differs from this entity's canonical label.
this entity surface form:
prisoner’s dilemma
this entity surface form:
Game Theory