Game Theory and Society
post by Zero Contradictions · 2024-08-05T04:27:37.275Z · LW · GW · 0 commentsThis is a link post for https://thewaywardaxolotl.blogspot.com/2014/07/game-theory-and-society.html
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Game theory is a branch of mathematics that deals with decision making when there are multiple decision-makers, called “players”, and outcomes depend on the decisions of other players. Game theory is based on the metaphor of a game, in which the rules of play and the outcomes are well defined. The game metaphor is a very useful abstraction. Game theory is used to understand behavioral strategies in economics, evolutionary theory, politics, warfare and other domains. It is especially important for understanding how society works.
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