## Background

Posted by chadbrochill on January 13, 2008

The first known discussion of game theory occurred in a letter written by James Waldegrave in 1713. In this letter, he explained about how game theory could apply to the two-person version of the card game “le “Of course this was before and video games were invented, but it was still a very conceptual idea. Then in Augustin Cournot’s *Researches into the Mathematical Principles of the Theory of Wealth* in 1838 a general game theoretic analysis was pursued. Game theory boomed in the 1950’s, in this time many comcepts ofthe core, the extensive form game, fictitious play, repeated games, and the Shapley value were developed. Game Theory was then applied in political science and philosophy at this time. Then in the 1970’s Game Theory was then applied to many concepts of biology. This leads up to present day where Game Theory is used in many video games, to predict moves and concepts to approach situations in the right way.

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