International Research Journal of Commerce , Arts and Science

 ( Online- ISSN 2319 - 9202 )     New DOI : 10.32804/CASIRJ

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AN ANALYTICAL STUDY OF GAME THEORY

    1 Author(s):  DR. AMRENDRA SHARMA

Vol -  14, Issue- 11 ,         Page(s) : 43 - 46  (2023 ) DOI : https://doi.org/10.32804/CASIRJ

Abstract

This present paper is concern with the study of game theory in brief useful remarks is given in the conclusion of this paper in last. The concept of game theory provides a language to formulate structure, analyse and understand strategic scenarios. The theory of games started in the 20th Century but the mathematical treatment of games took fire in 1944. Although similar to decision theory, game theory studies decisions that are made in an environment where various players interact.

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