Game Theory Society Founded in January 1999, the society aims to promote the investigation, teaching and application of game theory.
Game theory studies strategic interaction in competitive and cooperative environments.
Only fifty years old, it has already revolutionized economics, and is spreading rapidly to a wide variety of fields. It develops general mathematical formulas and algorithms to identify optimal strategies and to predict the outcome of interactions. Still, much real-world strategic interaction cannot be fully understood with current tools. To make further progress, the field needs to gain more experience in applications to the real world. Just as important, the theory needs to be further developed to take account of the complexity of many of those applications.