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What Is Game Theory?

Answer»

Game theory is a branch of AI that attempts to define a strategic game with predefined rules and OUTCOMES between two players of equal rationality. Every player is selfish and tries to maximize the reward to be obtained using a particular strategy. All the players abide by certain rules in order to receive a playoff- which is a reward. Therefore, a game can be defined as a set of players, actions, strategies, and a final reward.

Game theory and AI are related to each other and complement each other. Game theory is used in AI situations where multiple agents are in an environment trying to achieve a goal. Various games are logical and have a set of pre-decided rules like chess, poker, etc., which can be MADE AVAILABLE digitally with the help of Artificial Intelligence and Game Theory.



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