Economists pushed forward the development of Game Theory because of its ability to empirically analyze data in competitive situations. Certain historical economists also used game theory, for example, they used game theory to analyze European merchants guilds. They used the strategical analysis to look at the decisions merchants and rulers made and their interactions with one another. During World War II, the United States and Soviet union saw the utility in game theory. Governments wanted to use game theory to develop war strategies. In the Cold War, the Eisenhower administration called upon game theorist Tom Scheller to advise them on the strategic use of nuclear weapons. Schiller convinced President Eisenhower that these weapons should only be used as deterrents from attacks from other countries. The dramatic growth of this field was influenced by many factors, but these fields in particular had a major impact on this fields development.
The history of game theory is a particularly colorful one due to its applicable nature. The ability to rationally analyze a situation is highly relevant to more areas than just mathematics. Whether it be economics, biology, history, or politics, game theory is perhaps one of the most useful forms of mathematics that we have developed in recent years. It is for these reasons that game theory is one of man kind’s more notable