Where do physics and game theory meet?

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Discussion Overview

The discussion explores the intersection of physics and game theory, particularly in the context of potential PhD thesis topics. Participants share insights on how these fields may overlap, including theoretical and applied aspects.

Discussion Character

  • Exploratory
  • Technical explanation
  • Debate/contested

Main Points Raised

  • One participant expresses a desire to find a middle ground between physics and game theory, seeking opinions on potential research topics.
  • Another participant suggests searching for "applications of game theory in physics" as a starting point for ideas.
  • A participant mentions the field of econophysics, noting that it has received criticism from mainstream economists but could serve as a useful exploration area.
  • Continuous games are introduced as a concept, with an example of modeling a missile targeting an evasive target, although the specific terminology is unclear to the participant.
  • A later reply identifies these continuous games as differential games and references a book by Isaacs, while acknowledging the need for more current references.
  • Another participant provides a link to a paper discussing the relationship between econophysics, game theory, information theory, and quantum mechanics.

Areas of Agreement / Disagreement

Participants present multiple competing views on the relevance and application of game theory in physics, with no consensus reached on a specific direction for research.

Contextual Notes

Some limitations include the potential lack of familiarity with specific terminology and the varying degrees of acceptance of econophysics within the broader academic community.

Who May Find This Useful

Individuals interested in the intersection of physics, game theory, and economics, particularly those considering research topics in these areas.

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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.
 
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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.
 
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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.
 
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