Math in the News: Game Theory

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Game Theory is a branch of applied mathematics that is used in the social sciences (most notably economics), biology, political science, computer science (mainly for Artificial Intelligence), and philosophy. Game theory attempts to mathematically capture behavior in strategic situations, in which an individual's success in making choices depends on the choices of others. While initially developed to analyze competitions in which one individual does better at another's expense (zero sum games), it has been expanded to treat a wide class of interactions, which are classified according to several criteria.
 
 

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