His main academic concerns are the theory of money and financial institutions, the theory of games and their relationship to strategic behavior, and the management and economics of cultural institutions.
Specialists examining confrontational crises frequently rely on one of two methods of inquiry - the theory of games or comparative case studies.
In 1944 a mathematician von Neumann and an economist Morgernstern introduced the theory of games to economics.
The most significant insight in the theory of games was to recognize that men and women are not Robinson Crusoes - each individual isolated from all other individuals.
A special case of a utility function had been introduced by von Neumann and Morgenstern in their theory of games.
Definition of theory of games in US English:
theory of games
noun
another term for game theory
Example sentencesExamples
In 1944 a mathematician von Neumann and an economist Morgernstern introduced the theory of games to economics.
Specialists examining confrontational crises frequently rely on one of two methods of inquiry - the theory of games or comparative case studies.
A special case of a utility function had been introduced by von Neumann and Morgenstern in their theory of games.
His main academic concerns are the theory of money and financial institutions, the theory of games and their relationship to strategic behavior, and the management and economics of cultural institutions.
The most significant insight in the theory of games was to recognize that men and women are not Robinson Crusoes - each individual isolated from all other individuals.