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Game theory

noun

Definitions

Noun
  1. 1
    A branch of applied mathematics that studies strategic situations in which individuals or organisations choose various actions in an attempt to maximize their returns. countable, uncountable
  2. 2
    (economics) a theory of competition stated in terms of gains and losses among opposing players wordnet
  3. 3
    An individual theory within that branch. countable

    "Yanis Varoufakis, the firebrand economist who rose to fame at the height of Greece’s debt drama, was not only egotistical but ultimately more interested in testing out his game theories on the nation than winning its battle to keep afloat."

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