Von Neumann founded the field of game theory as a mathematical discipline. Von Neumann proved his minimax theorem in 1928. This theorem establishes that in zero-sum games with perfect information (i.e. in which players know at each time all moves that have taken place so far), there exists a pair of strategies for both players that allows each to minimize his maximum losses, hence the name minimax. When examining every possible strategy, a player must consider all the possible responses of his adversary. The player then plays out the strategy that will result in the minimization of his maximum loss.