Game Theory: How It Can Be Applied For Improving Decision Making Strategy
Game theory can be defined as the study of necessary decision-making which brings together diverse disciplines. It includes mathematics, philosophy, and psychology. The Game theory was developed by Oskar Morgenstern and John von Neumann in 1944 and this has now come a great way. The value of game theory can be measured by its application in advanced analysis and decision-making of the businesses. The students can take online from the experts to know more about this.