Computer science and game theory

Game Theory is an integral part of artificial intelligence (AI), e-commerce, networking, and other areas of computer science and is routinely featured in the field's leading journals and conferences. The gradual development of a theory, based on a careful analysis of the ordinary everyday interpretation of economic facts is important. The theory finally developed must be mathematically rigorous and conceptually general. The distinction between the syntax and semantics of games is important, as some of the disputes within theory regarding the primacy of different game representations suffer from the lack of the distinction. Game theory embodies radical idealizations, which include the infinite capacity of agents to reason and the infinite mutually recursive modeling of agents. A recent result shows that when players in a game are computer programs, one obtains phenomena akin to the Folk Theorem for repeated games.