1. decision process analysis: game theory provides a framework for analyzing and understanding the interaction between decision makers and decision processes. It can help us understand how all parties make strategies and make decisions under the condition of multi-party participation and mutual influence.
2. Predicting behavior results: Game theory can be used to predict and explain the behavior results of all parties in a specific situation. By studying the possible results and probability distribution under different strategy choices, we can help us understand and predict the behavior patterns and decision-making results of all parties.
3. Optimizing decision-making strategy: Game theory provides us with a method to optimize decision-making strategy. By studying different strategies and opponents' reactions, we can find the best decision-making strategy in a given situation to achieve the optimal or maximized goal.
4. Conflict resolution and cooperation: Game theory can help us solve conflicts and cooperation. In game theory, we can study the cooperation and competition between all parties, and realize mutual benefit or minimize losses through reasonable strategy selection and negotiation.
5. Multi-field application: Game theory is widely used in economics, management, politics, biology and other fields. Understanding game theory can help us better understand the interaction and decision-making process in social and natural systems, and analyze and make decisions on practical problems.
The Origin and Establishment of Game Theory
1, origin: game theory, also known as decision theory or game theory, is a mathematical theory to study the strategic choice of decision makers in competitive situations, which originated from the mathematical study of gambling and chess.
2. Creation: It is generally believed that the creation of game theory began with Game Theory and Economic Behavior written by von Neumann john von neumann and Oscar Morgenstein in 1944, but some scholars believe that it should begin with von Neumann's first paper "On Partner Game" in 1928.