What is Game Theory and how does it tie in with Economics?

-Game Theory comes from Maths. It is when 2 or more ‘Playerss’ (Economic Agents, Firms, Governments..) are working out what to do to Enhance and Push more their Interests -The Outcome of each ‘Player’ stems from their Own Choices, and the Choices from Everyone Else. They are all Interdependent. -Ties in with Economics, as Rational Theory suggests that Economic Agents act in their own Self Interest.