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by wenc
3115 days ago
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It sounds like in your examples, ideas and conclusions from GT were used to inform practice (sort of like mental models), but GT models themselves were not explicitly deployed. Game Theory is first and foremost a quantitative, mathematical theory, and I was wondering in what situations one would actually use the mathematics in production systems or in a mathematical analysis. There are a few replies on this thread that alluded to some applications. |
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I never worked directly with this, but auctions, resource allocation, etc. all use the mathematical tools from Game Theory.
Corporate strategy is too complex and nuanced to build hard mathematical models, so you need higher-level abstractions.