Game theory (English translation by J. M. Donetz)

Аннотация

Game theory is a branch of modern applied mathematics that aims to analyze various problems of conflict between parties that have opposed, similar or simply different interests. A theory of games, introduced in 1921 by Emile Borel, was established in 1928 by John von Neumann and Oskar Morgenstern, to develop it as a means of decision making in couplicated economic systems. In their book “The Theory of Games and Economic Behaviour" published in 1944, they asserted that the classical mathematics developed for applications in mechanics and physics fail to describe the real processes in economics and social life.