👉 Kirk Math, developed by John Kirk, is a mathematical framework for modeling and analyzing complex systems in economics, particularly those involving uncertainty, risk, and decision-making under ambiguity. It extends traditional game theory by incorporating concepts from probability theory and decision theory, allowing for a more nuanced understanding of strategic interactions where players face incomplete information. Kirk Math introduces the idea of "Kirk Sets," which are collections of possible states or outcomes that a system can encounter, and it uses these sets to define strategies and payoffs in a way that accounts for the uncertainty inherent in real-world scenarios. By focusing on the probabilistic nature of outcomes and the rational behavior of agents, Kirk Math provides a powerful tool for economists and decision-makers to predict and optimize outcomes in complex environments.
