Game Theory
What is Game Theory?
Uses of Game Theory: Economics
Uses of Game Theory: Military Tactics & War
Uses of Game Theory: Auctions
Uses of Game Theory: Bargaining
In Business
To Use or Not To Use
References
Military Tactics & War
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The military applies Game Theory to tactical decision making.
Used to study global nuclear strategies such as deterrence.
Enables missile tracking.
Mathematically allows justifications for any decisions or policies that may be adopted by military.