12 Pages Posted: 22 Jun 2001
Date Written: May 2001
A discussion of the utilization of the methods of game theory in operations research is given together with a consideration of the future developments. The language and analogies provided by game theory are now broadly accepted. It is suggested that the deep successes of game theory have illuminated its limitations and have helped to open up investigations in computer science, behavioral economics and simulation where the limitations of intelligence and of data processing are taken into account.
JEL Classification: C7, D40, D81
Suggested Citation: Suggested Citation
Shubik, Martin, Game Theory and Operations Research: Some Musings 50 Years Later (May 2001). Yale SOM Working Paper No. ES-14. Available at SSRN: https://ssrn.com/abstract=271029 or http://dx.doi.org/10.2139/ssrn.271029