In art, game theory refers to the thought processes that are behind the design of challenging and brain-stimulating games. A game involves a set of rules that define it- be it the no. of players, actions permitted, skills required or duration of play and it eventually decides the winner/loser. There may be various levels to a particular game categorized according to difficulty level. It may be a maze, card or board game, computer games, slot machines. With the recent trend in electronic and casino games the need for innovative games is much in demand.
"Game theory" also refers to a scientific method of decision-making in which a competitive situation is analyzed to decide the best course of action.