Game theory is the mathematical study of strategic interaction — situations where the outcome for each participant depends on the choices of all. Pioneered by John von Neumann and Oskar Morgenstern, and transformed by John Nash's equilibrium concept, it has reshaped economics, political science, evolutionary biology, and computer science. From the prisoner's dilemma to auction design, game theory reveals the hidden logic of cooperation, conflict, and competition.
Opens a guided conversation. 5 turns for anonymous visitors.