2. Introduction Game theory is elaborated as a theoretical approach to international politics by contrasting it with metaphorical and analogical uses of games. Because it embraces a diversity of models, game theory is especially useful for capturing the most important contextual features of the international system that affect prospects for international cooperation. Through a discussion of the relation among and extension of different game models, the versatility and scope of game-theoretic approaches to international relations are demonstrated. Since its inception, game theory has contributed significantly to the foundations of decision-making. As socio-economic and political problems increase in complexity, further advances in methodology, techniques, empirical investigations and applications of game theory are called for. International Game Theory Review (IGTR) has been initiated in response to this need. IGTR aims at maintaining a balanced interest between theory and applications. Game theoretic reasoning possesses a vast potential in social, economic, political and military affairs, and game theory can be advanced and enriched by the investigation of issues drawn from real-world decision-making. Rapid developments in technology, communication, industrial organization, economic integration, political reforms and international trade have made it increasingly imperative to recognize the causes and effects of strategic interdependencies and interactions. A strategic approach to decision-making is crucial in areas such as trade negotiations, foreign and domestic investments, capital accumulation, pollution control, market integration, regional cooperation, development and implementation of new technology, arms control, international resource extraction, network sharing, and competitive marketing.
3. APPROCHES OF GAME THEORIES There are many approaches in game theory. Among those I will highlight few, with out knowing the approaches it will be very hard to understand the game theory. There for, I will try to elaborate few.
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5. Larger southern route in 3 days.Now “Imamura” has no choice of protecting his troops. He has only take the shorter root to reduce the effect.
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7. Either may ‘defect’, which means he may ‘betray his partner’.In this “nonzero-sum game’ will be ,one may cooperate to save the punishment of the other.
