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Synonyms

Incentives; Strategic Behavior; Strategy

Introduction

Game Theory is the study of the ways in which strategic choices taken by interacting agents (or players) promoting their (potentially conflicting) individual preferences or utility lead to outcomes that may or may not serve their individual preferences. Arguably, Game Theory is one of the most significant and widespread theoretical contributions in the Social Sciences since the mid- twentieth century, which has deeply transformed our understanding of a wide array of phenomena in different fields such as Economics, Management, Political Science, Public Policy, Law, and International Relations, and it also has influenced other areas as diverse as Moral Philosophy, Sociology, Social Psychology, and Biology. An example of the large influence and recognition of Game Theory is the long list of Nobel Prize winners in Economics in recent decades awarded for their contributions in this large field (see www.nobelprize.org). Game...

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Correspondence to Javier Núñez .

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Núñez, J. (2021). Game Theory. In: Farazmand, A. (eds) Global Encyclopedia of Public Administration, Public Policy, and Governance. Springer, Cham. https://doi.org/10.1007/978-3-319-31816-5_2684-1

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  • DOI: https://doi.org/10.1007/978-3-319-31816-5_2684-1

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  • Print ISBN: 978-3-319-31816-5

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