A detailed discription on game theory.It tell us how to maximize the profit and to be fair in your dealilngs and tradings.

4. 1950
A beautiful Mind

6. Game Theory
Game theory is a way to analyze the strategic
situations where things not only depends upon your
own actions but also on actions of someone else.

7. Practical Example:

10. Non-Cooperative Game Theory:
A game is Non-cooperative if players cannot form
alliances or if all agreements need to be self-
enforcing

56. Game theory is used by:
 Economists
 Political Scientist
 Biologist
 Military Tactician
 Psychologists