The interaction among rational, mutually aware players, where the decisions of some players impacts the payoffs of others.
A game is described by its players, each player's strategies, and the resulting payoffs from each outcome.
Additionally, in sequential games, the game stipulates the timing (or order) of moves.
updated: 8 December 2005
HOW TO CITE THIS ENTRY
- To learn more:
- See news articles on games.
- See movies, music, and television shows with game-theory themes.