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Old 10-16-2007, 10:12 AM
jogsxyz jogsxyz is offline
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Default Re: simple game theory question

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A. Game theory is about how you would play against an opponent playing the optimal strategy. ....

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B. Game theory is a branch of applied mathematics that is often used in the context of economics. It studies strategic interactions between agents. In strategic games, agents choose strategies which will maximize their return, given the strategies the other agents choose.

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Quote A and quote B are not the same. Quote A is wrong.
Game theory is finding strategies to maximize returns, not restricted to finding NE. Often the best strategy is NE, but not always.
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