In a "random" symmetric bimatrix game, let X and Y represent the numbers of symmetric and asymmetric pure strategy Nash equilibria occurring, respectively. We find the probability distributions of ...

Game theory, the study of strategic decision-making, can be used in many fields, including business, finance, and economics.

Among the topics addressed in the journal are classical and modern equilibrium theory, cooperative and non-cooperative game theory, macroeconomics, social choice and welfare, uncertainty and ...

Nash equilibrium is a game theory concept where optimal outcome is when there is no incentive for players to deviate from their initial strategy.

Learn how to apply game theory principles to your advantage in everyday situations and decision-making.

The discovery of a winning strategy for Prisoner’s Dilemma is forcing game theorists to rethink their discipline. Their conclusion? Winning isn’t everything.

While Game of Thrones is full of strategy, and full of situations that you could look at with game theory, the overall game points to its limitations in application.