What is Game Theory?

Skill Level:

Game Theory is a mathematical framework used to study and analyse strategic decision-making in situations involving multiple actors or players. It helps businesses understand and predict the behaviour of competitors, customers, and other stakeholders. Game Theory finds applications in areas like pricing strategies, auction design, and negotiation tactics.

Other Definitions

Neuroevolution is a type of AI learning that combines neural networks and evolutionary algorithms. Neuroevolution algorithms evolve neural networks over generations, adapting them to…
Adversarial machine learning involves studying and defending AI models against attacks or adversarial examples designed to deceive the system. By understanding vulnerabilities and deploying…
Object Detection is an AI technique that identifies and localises objects within an image or video. It involves analysing the visual data and assigning…
Knowledge Graphs are a structured representation of knowledge that captures relationships between entities. They organise information in a way that allows machines to understand…