Introducing Game Theory

A Graphic Guide (Introducing...)

Ranked #14 in Game Theory, Ranked #64 in Microeconomics

Why did countries engage in a nuclear arms race? How do we make decisions when we don’t have all the information? What makes international environmental cooperation possible?

Game theory is the study of how we make a decision when the outcome of our moves depends on the decisions of someone else. But it’s not just about predicting your opponent’s next play in a game of chess; conflict and cooperation lie at the heart of game theory, which is useful for understanding behaviour in everything from our social lives to business, global politics to evolutionary theory.

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