Portal:Mathematics
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Mathematics is the study of representing and reasoning about abstract objects (such as numbers, points, spaces, sets, structures, and games). Mathematics is used throughout the world as an essential tool in many fields, including natural science, engineering, medicine, and the social sciences. Used for calculation, it is considered the most important subject. Applied mathematics, the branch of mathematics concerned with application of mathematical knowledge to other fields, inspires and makes use of new mathematical discoveries and sometimes leads to the development of entirely new mathematical disciplines, such as statistics and game theory. Mathematicians also engage in pure mathematics, or mathematics for its own sake, without having any application in mind. There is no clear line separating pure and applied mathematics, and practical applications for what began as pure mathematics are often discovered. (Full article...)
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Game theory is a branch of mathematics that is often used in the context of economics. It studies strategic interactions between agents. In strategic games, agents choose strategies which will maximize their return, given the strategies the other agents choose. The essential feature is that it provides a formal modelling approach to social situations in which decision makers interact with other agents. Game theory extends the simpler optimisation approach developed in neoclassical economics.
The field of game theory came into being with the 1944 classic Theory of Games and Economic Behavior by John von Neumann and Oskar Morgenstern. A major center for the development of game theory was RAND Corporation where it helped to define nuclear strategies.
Game theory has played, and continues to play a large role in the social sciences, and is now also used in many diverse academic fields. Beginning in the 1970s, game theory has been applied to animal behaviour, including evolutionary theory. Many games, especially the prisoner's dilemma, are used to illustrate ideas in political science and ethics. Game theory has recently drawn attention from computer scientists because of its use in artificial intelligence and cybernetics. (Full article...)
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Did you know –
- ...that you cannot knot strings in 4 dimensions, but you can knot 2-dimensional surfaces, such as spheres?
- ...that there are 6 unsolved mathematics problems whose solutions will earn you one million US dollars each?
- ...that there are different sizes of infinite sets in set theory? More precisely, not all infinite cardinal numbers are equal?
- ...that every natural number can be written as the sum of four squares?
- ...that the largest known prime number is nearly 25 million digits long?
- ...that the set of rational numbers is equal in size to the set of integers; that is, they can be put in one-to-one correspondence?
- ...that there are precisely six convex regular polytopes in four dimensions? These are analogs of the five Platonic solids known to the ancient Greeks.
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