Game Theory is a branch of study that applies mathematical theory to predict outcomes and analyze social or economic phenomena in structured environments. It involves modeling interactions between decision makers, where their behavior affects the outcomes of their decisions, in order to identify equilibrium states and optimal strategies. Game Theory has become increasingly relevant in the modern world, as it provides an analytical framework to study behaviors within the market, politics, economics, organizational structures, and legal system.

See also: choice making, feedback loop, possibility space, simulated thinking, subjective well-being