The core of game theory:

The core that game theory has always emphasized is balance, that is, balance. Whether it is good or bad, it is the result of balance. As a mode of thinking, it is actually more humane. From the perspective of game theory, it fully exposes the selfishness of human nature, and everyone will work hard in the direction that is most beneficial to them, instead of emphasizing the necessity of win-win.

Overview of game theory:

Game theory, translated as game theory or game theory, is a branch of economics. 1944, von Neumann and Oscar Morgenstein co-authored Game Theory and Economic Behavior, which marked the initial formation of modern system game theory, so it was called "the father of game theory".

Game theory is considered as one of the greatest achievements of economics in the 20th century. It is a mathematical theory and method to study phenomena with the nature of struggle or competition, and it is also an important topic in operational research.

Application of game theory;

1, personal choice dilemma

"Life is like chess. If you make a mistake, you will lose everything. " This sentence mainly expresses the importance of some choices in your life. Therefore, every choice is not a game. Choice is a form of game with oneself.

For example, when I volunteered for the college entrance examination, I made the final choice under the environmental conditions at that time, considering various reasons comprehensively and according to the information I had, after various entanglements. So it can be said that after playing this game with myself, at that moment, I have defeated countless people who dropped out of other schools or worked outside.

2. Bargaining game

Everyone has bought something. When shopping, the relationship between buyers and sellers is a game. When shopping, buyers want to buy good and cheap goods, while sellers want to make as much money as possible.

Now there is a game relationship: the seller wants to sell the goods to the buyer at a higher price, while the buyer wants to buy the goods at the lowest possible price, which is a common phenomenon in life. At this time, if both buyers and sellers make concessions and sell goods at a price acceptable to both buyers and sellers, the balance of interests will be reached.