Game Theory
Game theory is a branch of mathematics concerned with the analysis of conflict situations. The term conflict situation refers to a condition involving two or more people or groups of people trying to achieve some goal. A simple example of a conflict situation is the game of tic-tac-toe. In this game, two people take turns making Xs or Os in a #-shaped grid. The first person to get three Xs or Os in a straight line wins the game. It is possible, however, that neither person is able to achieve this goal, and the game then ends in a tie or a stand-off.
The variety of conditions described by the term conflict situation is enormous. They range from board and card games such as poker,...
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