Meaning | (economics) a theory of competition stated in terms of gains and losses among opposing players. |
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Synonym | game theory |
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Category of | Nash equilibrium | (game theory) a stable state of a system that involves several interacting participants in which no participant can gain by a change of strategy as long as all the other participants remain unchanged |
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zero-sum game | A game in which the total of all the gains and losses is zero |
Category | economics, economic science, political economy | The branch of social science that deals with the production and distribution and consumption of goods and services and their management |
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Broader | scientific theory | A theory that explains scientific observations |
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Spanish | teoría de juegos |
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Catalan | teoria dels jocs |
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