46. Explain the game theory in AI.

Game theory refers to the logical and scientific study for shaping a model of the possible interactions between two or more rational players. Rational in game theory, defines that each player thinks that others are just as rational and have the same level of knowledge and understanding. In this theory, players deal with the given set of options in a multi-agent situation. That is to say, the choice of one player affects the choice of the other or opponent players. However, in AI, the game theory is used for enabling some of the key capabilities needed in the multi-agent environment, in which multiple agents try to connect with each other to achieve a goal.