Where do physics and game theory meet?

Click For Summary
SUMMARY

The discussion centers on the intersection of physics and game theory, particularly in the context of developing a PhD thesis. The concept of "econophysics" is highlighted as a potential area of exploration, despite criticism from mainstream economists. Key topics include "continuous games" and differential games, with references to foundational literature such as Isaacs' work and articles from journals like Physica A. Participants suggest that these fields may provide a fruitful avenue for research, especially in modeling scenarios like missile targeting.

PREREQUISITES
  • Understanding of game theory principles and applications
  • Familiarity with basic physics concepts relevant to modeling
  • Knowledge of differential games and their significance in game theory
  • Awareness of econophysics and its critiques within mainstream economics
NEXT STEPS
  • Research "econophysics" and its applications in economic modeling
  • Study "continuous games" and their relevance in physics
  • Explore differential games through Isaacs' literature and contemporary studies
  • Investigate the intersection of game theory and quantum mechanics in current research
USEFUL FOR

Academics and researchers in physics and economics, particularly those interested in interdisciplinary studies and the application of game theory in physical models.

1v1Dota2RightMeow
Messages
75
Reaction score
7
This is going to sound really strange, but I don't want to have this question inside of me and never ask it. I love business/economics/game theory. However, the subject I've studied the most in my life at this point is physics. The question of what I want to write about for my PhD thesis is coming up and I have no ideas.

Has anyone ever heard about a middle ground between physics and game theory/economics? I know it's a huge stretch, but please be considerate. I'm feel completely lost in life but I'm a firm believer that one should not allow an ego to ruin decision making. Therefore, I want to get a lot of opinions, even if people think the questions I ask are strange.
 
Physics news on Phys.org
Sigh. Have you even tried googling for "applications of game theory in physics"?
 
There is a field called econophysics. Established mainstream economists seem to be critical about it, but it may be a starting point for exploration.
 
  • Like
Likes   Reactions: S.G. Janssens
Stephen Tashi said:
There "continuous games" involving the physical modeling of situations like a missile trying to hit an evasive target. I don't know the customary nomenclature for this field of study. I notice articles like this: http://www.worldscientific.com/doi/abs/10.1142/S0219198905000375
I think these are differential games. I looked into the book by Isaacs once, but I do not know how relevant that still it. The OP can easily find more up-to-date references, though.
 
Last edited:

Similar threads

  • · Replies 9 ·
Replies
9
Views
3K
Replies
7
Views
2K
  • · Replies 2 ·
Replies
2
Views
3K
  • · Replies 4 ·
Replies
4
Views
3K
  • · Replies 1 ·
Replies
1
Views
3K
  • · Replies 6 ·
Replies
6
Views
3K
  • · Replies 19 ·
Replies
19
Views
4K
  • · Replies 7 ·
Replies
7
Views
2K
  • · Replies 4 ·
Replies
4
Views
2K
  • · Replies 9 ·
Replies
9
Views
2K