Hostname: page-component-7b7567c8c-fvjsw Total loading time: 0 Render date: 2026-11-15T14:50:47.159Z Has data issue: false hasContentIssue false

GAME THEORY: A PRACTITIONER'S APPROACH

Published online by Cambridge University Press:  17 March 2010

Thomas C. Schelling*
Affiliation:
University of Maryland
Rights & Permissions [Opens in a new window]

Abstract

To a practitioner in the social sciences, game theory primarily helps to identify situations in which interdependent decisions are somehow problematic; solutions often require venturing into the social sciences. Game theory is usually about anticipating each other's choices; it can also cope with influencing other's choices. To a social scientist the great contribution of game theory is probably the payoff matrix, an accounting device comparable to the equals sign in algebra.

Information

Type
Essay
Copyright
Copyright © Cambridge University Press 2010